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Technology Stocks : Energy Conversion Devices

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From: Road Walker	7/29/2008 10:05:50 AM
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Energy Conversion 9:54 AM EDT July 29, 2008 . Target $80. Credit Suisse initiates ENER with a Outperform and price target of $80 saying large commercial roof-tops and mid scale free-field end-markets will grow faster long term, as they best capture "distributed renewable" aspects that differentiate solar PV among renewables. THe firm also says ENER is the only company making flexible & light-weight solar laminates that can be rolled on rooftops. Flexible substrates lower installation costs by roughly 45% and qualifies for "building integrated" subsidies.

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