Maxim Group Analysts Begin Coverage on Acorn Energy (ACFN)

By admin | 6 years ago

Equities researchers at Maxim Group began coverage on shares of Acorn Energy (NASDAQ: ACFN) in a report issued on Wednesday. The firm set a “buy” rating and a $14.00 price target on the stock.

Shares of Acorn Energy traded down 2.15% during mid-day trading on Wednesday, hitting $9.2375. Acorn Energy has a 52 week low of $3.33 and a 52 week high of $13.20. The company has a market cap of $165.3 million and a P/E ratio of 5.03.

Separately, analysts at TheStreet upgraded shares of Acorn Energy to a “hold” rating in a research note to investors on Friday, April 13rd.

Acorn Energy, Inc. is a holding company focused on improving the efficiency and environmental impact of the energy infrastructure, fossil fuel and nuclear industries.

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