Analysts Have Conflicting Sentiments on These Conglomerates Companies: L-3 Communications (NYSE: LLL) and Capstone Turbine Corp (NASDAQ: CPST)

By Carrie Williams

Analysts have been eager to weigh in on the Conglomerates sector with new ratings on L-3 Communications (NYSE: LLL) and Capstone Turbine Corp (NASDAQ: CPST).

L-3 Communications (NYSE: LLL)

Cowen & Co. analyst Cai Rumohr reiterated a Buy rating on L-3 Communications (NYSE: LLL) today and set a price target of $185. The company’s shares closed yesterday at $167.79.

According to TipRanks.com, Rumohr is a 4-star analyst with an average return of 11.3% and a 72.6% success rate. Rumohr covers the Industrial Goods sector, focusing on stocks such as American Outdoor Brands Corp, United Technologies Corp, and General Dynamics Corp.

L-3 Communications has an analyst consensus of Moderate Buy, with a price target consensus of $181.71.

Capstone Turbine Corp (NASDAQ: CPST)

Oppenheimer analyst Colin Rusch reiterated a Hold rating on Capstone Turbine Corp (NASDAQ: CPST) today. The company’s shares closed yesterday at $0.78, close to its 52-week low of $0.61.

Rusch noted:

“CPST posted strong revenue and bookings while mitigating operating losses. We are encouraged to see the bookings up to $20M in the quarter. CPST reduced quarterly operating loss to $2.9M while drawing $2.8M from its revolver. Accessories, Parts, and Service revenue grew 8% yr/yr, pointing to the potential for strong recurring revenue from its growing installed base. We note the Factory Protection Plan (FPP) contracted backlog has grown 16% yr/yr to $77.1M. We are encouraged to see new products on the market and product road-map which we expect to support revenue growth.”

According to TipRanks.com, Rusch is a 4-star analyst with an average return of 6.5% and a 49.1% success rate. Rusch covers the Technology sector, focusing on stocks such as Trimble Navigation Limited, SolarEdge Technologies, and Ultra Clean Holdings.

Capstone Turbine Corp has an analyst consensus of Hold, with a price target consensus of $0.75.

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