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Ormat Technologies, Inc. (ORA) [hlAlert]

Rating:
Hold ORA

Ormat Technologies, Inc. (ORA) downgraded to Hold by Ardour Capital

Posted on: Thursday,  Aug 8, 2013  9:25 AM ET by Ardour Capital

Ardour Capital rated Hold Ormat Technologies, Inc. (NYSE: ORA) on 08/08/2013. Previously Ardour Capital rated Buy Ormat
Technologies, Inc. (NYSE: ORA) on 05/06/2011., when the stock price was $22.26. Since then, Ormat Technologies, Inc. has gained 4.72% of its value until Ardour Capital rated ORA Accumulate on 08/08/2013, when the price was $23.31. .

ORMAT brings three decades of experience in the development, manufacture, and marketing of innovative power systems. ORMAT Energy Converter units, combined into modular power plants; use locally available heat sources, including geothermal energy (steam and hot water), recovered energy generation, solar energy, biomass, and low grade fuels.

# A leading institution in Energy Technology/Alternative Energy & Power/Clean & Renewable Technologies. # Publish in-depth company research and extensive technology-focused reports. # Provides a wide range of financial services for both public and private companies. # Ardour Global Indexes (http://www.ardourglobalindexes.com/) a family of pure-play alternative energy indexes. # Sponsors annual invitation-only Energy Technology Conference. # Member of FINRA/SIPC.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/6/2013 3:25 PM Buy
None
26.59 30.00
as of 12/13/2013
1 Week up  0.85 %
1 Month down  -1.29 %
3 Months down  -2.40 %
1 YTD up  18.50 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2013 9:25 AM Hold
None
23.31
5/6/2011 8:25 AM Buy
None
22.26 24.00
2/24/2011 8:25 AM Hold
None
23.75 27.00
5/7/2010 9:25 AM Hold
None
28.38 29.50
2/26/2010 10:25 AM Sell
None
29.74 24.00
11/9/2009 10:25 AM Hold
None
37.66 39.00
6/9/2009 8:25 AM Buy
None
40.53 45.50

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