ACORN ENERGY IN (ACFN) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ACORN ENERGY IN (ACFN) from OUTPERFORM to UNDERPERFORM on August 23, 2012, with a target price of $8.10.

Acorn Energy, Inc. (formerly known as Acorn Factor, Inc.) specializes in acquiring & accelerating the growth of emerging ventures that promise improvement in the economic & environmental efficiency of the energy sector. Acorn Energy aims to take primarily controlling positions in companies led by great entrepreneurs & add value by supporting those companies with br&ing, positioning, strategy & business development. Acorn Energy is a global company with equity interests in Comverge, the leading clean capacity provider of energy solutions through demand response CoaLogix, Inc. & its subsidiary SCR-Tech LLC, the leading provider of catalyst regeneration technologies & services Gridsense, a pioneer in remote monitoring & control of the electric grid Paketeria AG, a German super services provider dsIT a leader in underwater security systems for strategic coastal energy infrastructure & Local Power, Inc., the creator of Community Choice Aggregation.

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