Energy

Wachovia Initiates Alternative Energy (CPST, ELON, FCEL, ITRI)

Wachovia has initiated coverage of some alternative energy stocks this morning.  There may be other calls so we’ll follow up with more later depending on the length and details.  Here are the ones we saw so far this morning:

  • Capstone Turbine (NASDAQ: CPST) Started as Outperform at Wachovia.
  • Echelon (NASDAQ: ELON) Started as Outperform at Wachovia.
  • FuelCell Energy (NASDAQ: FCEL) Started as Market Perform at Wachovia.
  • Itron (NASDAQ: ITRI) Started as Outperform at Wachovia.

Jon C. Ogg
July 10, 2008

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