NEW YORK (
-- SatCon Technology Corporation
) has been upgraded by TheStreet Ratings from sell to hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.
Satcon Technology Corporation provides a suite of utility grade power conversion solutions and services for commercial and utility scale renewable energy installations and distributed energy markets in the United States and internationally. SatCon Technology has a market cap of $538.4 million and is part of the
industry. Shares are up 7.3% year to date as of the close of trading on Tuesday.
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