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Echelon Corporation (ELON) Message Board

  • elonverylong2 elonverylong2 Aug 8, 2011 7:57 AM Flag

    Wedbush Analyst Craig Irwin backed his "Outperform" rating and $16 elon

    Wedbush Analyst Craig Irwin backed his "Outperform" rating and $16 price target for the company, saying that its stock is attractive investment at its current price.

    "We believe full-year guidance remains conservative, as it implies a lower fourth-quarter revenue range than the currently guided third-quarter range," Irwin wrote in a note to investors.

    Baird's J. Michael Horwitz Jr. backed his $13 price target for the company.

    "While premium to our comps, we think it's warranted due to upcoming catalysts and continued commercialization of Echelon's new technologies," Horwitz wrote in a note

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