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Maxim analyst maintains a Buy on Capstone Turbine ahead of its 4Q earnings report

Maxim Group LLC Senior Vice President & Senior Industrials Analyst Tate Sullivan tells Proactive Investors he's placed a price target of $2 on microturbine developer Capstone Turbine Corporation's (NASDAQ:CPST) stock, trading around $0.82 today. The company is due to report its fiscal 4Q financials after the closing bell.

Sullivan, who initiated coverage on the California-based company, talks about what Capstone needs to reach this target.

Quick facts: Capstone Turbine Corporation

Price: 3.16 USD

NASDAQ:CPST
Market: NASDAQ
Market Cap: $26.59 m
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Full interview: Capstone Turbine clinches new solar-power customer

Capstone Turbine Corporation (NASDAQ:CPST) EVP of Sales & Marketing Jim Crouse tells Proactive the California-based company has secured an order for two C200S microturbines with 247Solar Inc, which has developed a solar-power system that operates every hour of the year. Crouse says the...

on 09/20/2019

2 min read