GreenHunter Energy (GRH +6.9%) is initiated at Outperform with a $3 target at Boenning &...

|About: GreenHunter Resources, Inc. (GRH)|By:, SA News Editor

GreenHunter Energy (GRH +6.9%) is initiated at Outperform with a $3 target at Boenning & Scattergood, which cites operations in major shale plays led by Appalachia and recent Eagle Ford acquisitions. The firm says revenue and earnings growth will be driven by continued expansion of services in all plays, acquisitions and utilization of assets including SWD and trucking.