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Rodman & Renshaw Initiates Orion Energy At Buy, Attaches $2.50 Target
Monday, July 18, 2016 - 4:04pm | 557Rodman & Renshaw has started coverage of Orion Energy Systems, Inc. (NASDAQ: OESX) with a Buy rating and price target of $2.50, which implies an upside of 108 percent over Friday's close. Recent Performance Orion Energy makes energy efficient lighting systems, with a primary focus of expanding...
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Pacific Crest Favors Veeco Over Cree In LED Sector
Saturday, May 14, 2016 - 6:00pm | 608Pacific Crest analysts Daniel Baksht and Weston Twigg favor Veeco Instruments Inc. (NASDAQ: VECO) over Cree, Inc. (NASDAQ: CREE) in the LED sector. Both analysts believe they are "on the cusp of a positive inflection in the lighting industry." The two analysts also feel both companies have...
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Revolution Lighting Plunges 20%, Company Announces Stock Offering To Finance A $10 Million Acquisition
Tuesday, May 3, 2016 - 10:51am | 368Shares of Revolution Lighting Technologies Inc (NASDAQ: RVLT), a provider of advanced LED lighting solutions, plunged 20 percent Tuesday morning after the company announced a common stock offering to finance an acquisition. Revolution Lighting plans on offering 2.775 million shares of its...