UPDATE: Rodman & Renshaw Initiates Capstone Turbine at Market Outperform

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Rodman & Renshaw is out with its report today on Capstone Turbine
CPST
, initiating CPST at Market Outperform. In a note to clients, Rodman & Renshaw writes, "We believe that the risk/reward is favorable for investors to add this position to a diversified portfolio and recommend purchase with our Market Outperform rating." Rodman & Renshaw maintains a $2.50 PT on CPST. Shares of CPST closed Thursday at $1.62.
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Posted In: Analyst ColorInitiationAnalyst RatingsCapstone TurbineHeavy Electrical EquipmentIndustrialsRodman & Renshaw
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