Byron Capital Markets

Byron Capital Markets

April 29, 2010 09:38 ET

Byron Capital Markets Initiates Hammond Power Solutions at "Buy" With C$16.00 Target Price

TORONTO, ONTARIO--(Marketwire - April 29, 2010) - Byron Capital Markets, a division of Byron Securities Limited, is pleased to announce that it has initiated coverage on Hammond Power Solutions Inc. (TSX:HPS.A) with a Buy rating and a target price of $16.00.

In this 13-page research report, analyst Al P. Nagaraj gives a comprehensive overview of the company, with focus on their global growth strategies and emergence as the largest dry type transformer manufacturer in North America.

This report further exemplifies Byron Capital Markets' continuing commitment to research and, in particular, its ongoing efforts in covering special situations companies.

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