Pritchard Morning Intelligence (ENOC, FLR, ORA)

Pritchard Capital is out with its Morning Intelligence report. In the report, Pritchard talks about Fluor Corporation FLR, Comverge, Inc. COMV and Ormat Technologies, Inc. ORA. Pritchard rates Fluor a Buy and a $66 price target, as the company announced a sale of $900 million subordinated notes offering strengthens BS for final investment decision for Gladstone LNG. Pritchard rates COMV a buy with a $13 target, as the company has had strong performance on a buyout rumor. Pritchard has some color on ORA, as it received $108.2 million specified energy property in lieu of tax/credits relating to its North Brawley geothermal power plant. It rates shares at Neutral, with a $30 price target.