UPDATE: Jefferies Reiterates Hold on Satcon Technology, Reduces PT to $1.50

Jefferies reiterated its Hold rating on Satcon Technology SATC. At the same time, the rating agency reduced its price target on the company's stock from $2 to $1.5. On Tuesday, SATC added 11.72% to its value to finish the day at $1.43.
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Posted In: Price TargetReiterationAnalyst RatingsHeavy Electrical EquipmentIndustrialsJefferies
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