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Enter Symbol:
Fuel Tech, Inc. (FTEK) [hlAlert]

Mkt Outperform
down 90.77 %

Fuel Tech, Inc. (FTEK) rated Mkt Outperform with price target $23 by JMP Securities

Posted on: Thursday,  Jul 17, 2008  10:25 AM ET by JMP Securities

JMP Securities rated Mkt Outperform Fuel Tech, Inc. (NASDAQ: FTEK) on 07/17/2008. Previously JMP Securities rated Buy Fuel Tech, Inc. (NASDAQ: FTEK)
on 09/28/2007., when the stock price was $22.45. Since then, Fuel Tech, Inc. has lost 90.78% as of 09/08/2015's recent price of $2.07.
If you would have followed the previous JMP Securities's recommendation on FTEK, you would have lost 90.77% of your investment in 2902 days.

Fuel Tech, Inc. (Fuel Tech) is an integrated company that uses a suite of technologies to provide boiler optimization, efficiency improvement and air pollution reduction and control solutions to utility and industrial customers worldwide. Fuel Tech's special focus is the worldwide marketing of its nitrogen oxide (NOx) reduction and FUEL CHEM processes. The Air Pollution Control (APC) technology segment reduces NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources by utilizing combustion optimization techniques and Low-NOx and Ultra Low-NOx burners; NOxOUT and HERT High Energy Reagent Technology SNCR systems; systems that incorporate NOxOUT CASCADE, NOxOUT ULTRA and NOxOUT-SCR processes, and Ammonia Injection Grids and the Graduated Straightening Grid (GSG). On October 2, 2008, Fuel Tech completed its acquisitions of Tackticks, LLC (Tackticks) and FlowTack, LLC (FlowTack).

MP Securities' equity research department provides institutional clients with comprehensive industry knowledge, unique insight and actionable information. JMP's senior research analysts are charged with developing proprietary investment themes, anticipating secular and cyclical changes and producing action-oriented reports. JMP follows companies in six industries that exhibit above-average long-term growth characteristics — Technology, Healthcare, Consumer, Real Estate, Financial Services and Business Services — and produces specialized equity research that enables investors to understand and invest in complicated growth stocks profitably.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/17/2008 10:25 AM Buy
16.01 23.00
as of 12/24/2008
1 Week up  2.46 %
1 Month up  31.19 %
3 Months up  55.61 %
1 YTD up  29.46 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/7/2008 10:25 AM Buy
22.57 26.00
3/6/2008 10:25 AM Buy
18.05 22.00
10/17/2007 9:25 AM Buy
33.52 35.00
9/28/2007 9:25 AM Buy
22.45 30.00

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