Vista Partners Initiates Coverage on Enerpulse Technologies, Inc. (Ticker: ENPT); $0.65 Price Target
SAN FRANCISCO, CA--(Marketwired - Jun 18, 2015) - Vista Partners announced today that it has initiated coverage on Enerpulse Technologies, Inc. (OTCQB: ENPT) with a twelve-month price target of $0.65. Ross Silver, Principal Analyst at Vista Partners, stated, "According to the International Organization of Motor Vehicle Manufacturers (OICA), the United States is the second largest country for global automotive OEM production next to China. Total passenger car, light and heavy duty truck production in the United States consisted of 8.6 million units in 2011, 10.3 million units in 2012, 11.1 million units in 2013, and 11.7 million units in 2014. Global automotive OEMs are investing a considerable amount of capital seeking to find ways to improve fuel efficiency and reduce emissions as a result of government regulations as well as consumer preferences. This trend may bode well for Enerpulse which is commercializing a proprietary plasma spark plug technology called n-PAC® that significantly improves the performance, fuel efficiency and emissions of internal combustion engines. Additionally, the Company has stated it is actively engaged in collaborative testing programs with five major automotive OEMs to date."
To download a FREE copy of the Enerpulse Technologies, Inc. research report, please visit http://www.vistapglobal.com and click the "Download Research" icon to gain access to the report. Consumer Discretionary stocks, such as those included in the Consumer Discretionary Select Sector SPDR ETF (NYSE: XLY), may continue to outperform the broader market in 2015.
About Vista Partners:
Vista Partners LLC, founded in 2005, is a Registered Investment Advisor in the States of California and Oregon. The firm's professional staff has backgrounds in finance, corporate communications and investment banking. Vista focuses on investing globally across all market sectors. Vista also provides investment considerations on publicly traded companies through a platform of stock research reports, newsletters, company specific webpages and daily commentary. The platform of products is meant to serve as potential tools for investors to learn about investment considerations. It is Vista's mission to provide investors with tools that may enable them to make profitable investment decisions with the goal to deliver investment considerations that outperform small, mid and large cap equity indexes.
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(June 18, 2015 - 9:01 AM EDT)
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