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Microcap & Penny Stocks : KFX: Energy Solutions

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From: Dennis Roth6/15/2006 8:53:45 AM
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Capital One Southcoast - KFx "buy"

Thursday, June 15, 2006 5:18:03 AM ET
Capital One Southcoast
newratings.com

NEW YORK, June 15 (newratings.com) - Analyst Martin W Malloy of Capital One Southcoast maintains his "buy" rating on KFx Inc (KFX.ASE). The target price is set to $25.

In a research note published yesterday, the analyst mentions that the company has entered into an agreement with FirstEnergy for the first unit train sale of its K-Fuel product. KFx has also announced a marketing, distribution, and transportation logistics services contract with DTE Coal Services, which goes through December 31, 2010, and has extension provisions.
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