ORMAT TECH INC (ORA) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of ORMAT TECH INC (ORA) from NEUTRAL to UNDERPERFORM on February 12, 2015, with a target price of $28.80.

ORMAT brings three decades of experience in the development, manufacture, and marketing of innovative power systems. ORMAT Energy Converter units, combined into modular power plants use locally available heat sources, including geothermal energy (steam and hot water), recovered energy generation, solar energy, biomass, and low grade fuels.

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