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PowerSecure makes new 52-week highs following Maxim upgrade

May 13, 2015 10:42 AM ETPowerSecure International, Inc (POWR) StockPOWRBy: Eric Jhonsa, SA News Editor
  • Citing increased confidence in management following the company's Q1 report, Maxim has upgraded PowerSecure (POWR +3.1%) to Buy, and set a $17 target.
  • The maker of distributed power and utility infrastructure hardware/software is now up 12% since beating Q1 estimates and providing strong full-year guidance a week ago. Shares still only trade for 0.9x 2015E sales.

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