Echelon Corporation (ELON -10.2%) takes a hit after posting a better Q4 but warning on FY12,...

|About: Echelon Corporation (ELON)|By:, SA News Editor

Echelon Corporation (ELON -10.2%) takes a hit after posting a better Q4 but warning on FY12, saying macro-related headwinds may make it difficult to land new European contracts. Dougherty & Company downgrades the shares to Neutral on the results.