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Fly News Breaks for June 7, 2017
ORA
Jun 7, 2017 | 05:45 EDT
JPMorgan analyst Paul Coster upgraded Ormat Technologies to Overweight and raised his price target for the shares to $71 from $65. After meeting with management, the analyst believes the company is well positioned to continue posting revenue growth and margin expansion over the next few years. Coster sees upside potential to consensus estimates and finds the risk/reward favorable at current share levels.
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