Vista Partners Updates Coverage on Acorn Energy, Inc.; Price Target $17.50
Portfolio Companies Growing Revenue, Quarterly Dividend & Natural Gas Discovery Tool
(firmenpresse) - SAN FRANCISCO, CA -- (Marketwire) -- 03/28/13 -- announced today that it has updated coverage on (NASDAQ: ACFN) ("The Company" or "Acorn"); and maintains its twelve month price target of $17.50. Ross Silver, Principal Analyst at Vista Partners, stated, "Acorn's four portfolio companies are focused on digital energy infrastructure management solutions. Each portfolio company may be poised for significant growth in these large and growing security and energy markets. We are particularly interested to see continued adoption of USSI's fiber optic sensors by oil and natural gas companies seeking to make their processes more efficient, safer and more profitable." Mr. Silver concludes, "Acorn offers a quarterly dividend and management has successfully sold two portfolio companies, at significantly higher valuations relative to the amount invested, in the last five years thus validating the business model."
To download a FREE copy of the research report, please visit and click the "download research" icon to gain access to the report.
About Vista Partners:
Vista Partners LLC, founded in 2005, is a Registered Investment Advisor in the States of California and Oregon. The firm's professional staff has backgrounds in finance, corporate communications and investment banking.
Disclaimer & Disclosure:
For a full list of disclaimers and disclosures, please visit our website or click .
Contact:
877.215.4813
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 28.03.2013 - 13:15 Uhr
Sprache: Deutsch
News-ID 244118
Anzahl Zeichen: 0
contact information:
Town:
SAN FRANCISCO, CA
Kategorie:
Commercial & Investment Banking
Diese Pressemitteilung wurde bisher 237 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Vista Partners Updates Coverage on Acorn Energy, Inc.; Price Target $17.50"
steht unter der journalistisch-redaktionellen Verantwortung von
Vista Partners LLC (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
