Zacks Investment Research upgraded shares of ECHELON CORP (ELON) from NEUTRAL to OUTPERFORM on August 14, 2013, with a target price of $2.60.
Echelon Corporation develops, markets and supports products and services that allow everyday devices, such as light switches, washing machines, assembly line robots, thermostats, gas pumps, motion sensors, air conditioners, pumps, and valves, to be made "smart" and to communicate with one another and across the Internet. Their products and services are based on our LonWorks technology. Their products and services may be used across many industries to network together everyday devices in homes, buildings, factories and transportation systems.
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