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

Published: 13:29 11 Jun 2019 EDT

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.

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