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Satcon Technology Corporation (SATCQ) [hlAlert]

Rating:
Hold SATC
down 85.00 %

Satcon Technology Corporation (SATC) downgraded to Hold with price target $0.50 by Cantor Fitzgerald

Posted on: Friday,  May 18, 2012  8:25 AM ET by Cantor Fitzgerald

Cantor Fitzgerald rated Hold Satcon Technology Corporation (OTCBB: SATCQ) on 05/18/2012. Previously Cantor Fitzgerald rated Buy Satcon Technology Corporation (OTCBB: SATCQ) on
08/15/2008., when the stock price was $17.60. Since then, Satcon Technology Corporation has lost 85.00% as of 05/18/2012's recent price of $2.64.
If you would have followed the previous Cantor Fitzgerald's recommendation on SATCQ, you would have lost 85% of your investment in 1372 days.

SatCon Technology Corporation (SatCon) is a clean energy technology provider of utility grade power solutions for the renewable and distributed energy markets. The Company delivers power conversion solutions and system design services for large-scale renewable energy plants. The Company's products are utilized by businesses and utility companies to convert renewable energy sources into electrical power. The Company also develops, designs and builds power conversion electronics, power management and distribution systems for a variety of defense and commercial applications through its Applied Technology division. The Company offers system design services and solutions for management, monitoring, and performance measurement. The Company operates through its two business segments: Renewable Energy Solutions and Satcon Applied Technology. On September 26, 2008, the Company completed the sale of its Electronics and Power Systems divisions.

Cantor U.S. Equity Research provides timely and insightful opinions on select stocks. We look at key drivers of the stock price, including company and industry fundamentals, capital markets influences and overall economic trends to provide critical and in-depth analysis. Our focus is on small and mid-cap companies in the following sectors: * Marine Transportation * Life Sciences * Clean Technology & Energy Efficiency * Real Estate * Communications Technology * Internet * Enterprise Software
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/18/2012 8:25 AM Hold
None
2.64 4.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/15/2008 8:25 AM Buy
None
17.60 40.00

(*) Stock Price at the time of the recommendation.
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