Roth Capital Starts Enerpulse Technologies (ENPT) at Buy
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Roth Capital initiates coverage on Enerpulse Technologies (OTC: ENPT) with a Buy rating and a price target of $0.25.
Analyst Matt Koranda commented, "We believe ENPT is approaching an inflection point in the commercial adoption of its pulse plug technology. With its Gen 4 product in place and a recent capital infusion, we anticipate ENPT now has the resources to drive commercial volume sales in key end markets. Over the long run, we view incorporation of Pulstar technology on an automotive OEM engine platform as a key driver of shareholder value."
For an analyst ratings summary and ratings history on Enerpulse Technologies click here. For more ratings news on Enerpulse Technologies click here.
Shares of Enerpulse Technologies closed at $0.55 yesterday.
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