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Fly News Breaks for June 13, 2018
ORA
Jun 13, 2018 | 07:08 EDT
As previously reported, Guggenheim analyst Sophie Karp downgraded Ormat Technologies to Neutral from Buy, citing poor visibility due to the pending 2017 results restatement and the ongoing internal controls issue. She also has revised her estimates to incorporate at least a temporary loss of the plant in Hawaii, which she sees continuing to create an overhang on the shares in the near-term.
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