SATCON TECH CRP (SATC) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of SATCON TECH CRP (SATC) from UNDERPERFORM to NEUTRAL on June 18, 2012, with a target price of $0.30.

SatCon Technology Corp. manufactures and sells power and energy management products for several applications. The company is building the products that will be critical components of these new power generation systems. In distributed power, natural gas will be piped into neighborhoods and industrial complexes and used to power fuel cells, micro-turbines, or other devices that will locally generate power. The company's power electronics building blocks would then convert this power to useable electricity.

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