CybeRelease: (OTC: SOEN) Gets Price Target of $5.17 from Wellington Research
(CybeRelease, July 12, 2006) - Lake Harmony, PA - Solar EnerTech Corp. (OTC BB: SOEN) announces that independent fee-based research provider Wellington Research has initiated coverage on the company with a price target of $5.17 and a rating of “Outperform”.
The full report can be viewed at http://www.WellingtonResearch.com
In the report, the author writes, “Solar EnerTech Corp. is involved in the manufacturing of photovoltaic (PV) solar cells and developing designs for PV modules, which are used to convert sunlight into electricity. The Company primarily targets the European and the U.S. markets. The firm is on the verge of becoming a part of the emerging solar energy industry. Many industry experts believe that solar energy will be the most convenient, affordable, and reliable source of energy in the near future.”
For further information on SOEN go to www.SmallCapStockAlert.com
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