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CPST

Capstone Turbine

$0.57

0.0013 (0.23%)

08:39
12/19/18
12/19
08:39
12/19/18
08:39

Capstone Turbine secures 1 MW order from contract manufacturing company

Capstone Turbine announced that it secured an order for a C1000 signature series microturbine that will be used by a contract manufacturing company with facilities worldwide. Secured by Capstone's distributor in Mexico, DTC Ecoenergia, the 1 megawatt, or MW, microturbine will be used to help reduce cost and provide energy reliability in order to keep up with increased demand at the end-user's expanded facility outside of Mexico's second largest metropolitan city.

CPST Capstone Turbine
$0.57

0.0013 (0.23%)

08/01/18
08/01/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Capstone Turbine (CPST) initiated with a Buy at Maxim. 2. Lilis Energy (LLEX) initiated with a Buy at Stifel. 3. SS&C (SSNC) assumed with an Overweight at JPMorgan. 4. Magnolia Oil & Gas (MGY) initiated with an Outperform at Imperial Capital. 5. Fate Therapeutics (FATE) initiated with a Buy at Citi. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/01/18
MAXM
08/01/18
INITIATION
Target $2.5
MAXM
Buy
Capstone Turbine initiated with a Buy at Maxim
Maxim analyst James Jang initiated Capstone Turbine with a Buy rating and a price target of $2.50. The analyst notes that the company's market divsersification should support its revenue expansion trend as it builds sales momentum. Jang further states that the shale oil industry is a key driver for Capstone's growth as its microturbines allow for reduced operating costs for its customers.
08/01/18
MAXM
08/01/18
INITIATION
MAXM
Buy
Capstone Turbine initiated with a Buy at Maxim
06/15/18
LSCM
06/15/18
INITIATION
Target $3
LSCM
Buy
Capstone Turbine initiated with a Buy at Lake Street
Lake Street analyst Robert Brown initiated Capstone Turbine with a Buy rating and $3 price target, stating that believes the company has significantly improved its operating profile and business model over the past 18 months and that these changes should start to show in results this year.

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