Dutton Associates Announces Investment Opinion: Maine & Maritimes Corporation Speculative Buy Rating Reiterated in Update Report
November 29 2006 - 12:00PM
Business Wire
Dutton Associates updates its coverage of Maine & Maritimes
Corporation (AMEX:MAM), maintaining its Speculative Buy rating and
a 12-month price target of $20.00. The 10-page report by Dutton
Associates senior analyst Sally H. Wallick, CFA is available at
www.jmdutton.com as well as from First Call, Bloomberg, Zacks,
Reuters, and Knobias and other leading financial portals. Maine
& Maritimes is a holding company for Maine Public Service
Company (MPS), a regulated electric transmission and distribution
utility serving much of northern Maine, and unregulated businesses,
including The Maricor Group (TMG) and Maricor Technologies, Inc.
(MTI). TMG is a professional engineering services and solutions
firm and MTI is a software technology firm that develops and
maintains technologies supporting lifecycle asset management and
capital budget planning. In addition, Maine & Maritimes owns
50% of the common stock of Maricor Properties with Ashford
Investments Inc. About Dutton Associates Dutton Associates is one
of the largest independent investment research firms in the U.S.
Its 28 senior analysts are primarily CFAs, and have expertise in
many industries. Dutton Associates provides continuing analyst
coverage of 140 enrolled companies, and its research, estimates,
and ratings are carried in all the major databases serving
institutions and online investors. The current cost of enrollment
in our one-year continuing research program is US $39,500 prepaid
for 4 Research Reports, typically published quarterly, and
requisite Research Notes. Dutton Associates received $35,000 from
the Company for 4 Research Reports with coverage commencing on
5/16/06. The Firm does not accept any equity compensation. Our
principals and analysts are prohibited from owning or trading in
securities of covered companies. The views expressed in this
research report accurately reflect the analyst's personal views
about the subject securities or issuer. Neither the analyst's
compensation nor the compensation received by us is in any way
related to the specific ratings or views contained in this research
report or note. Please read full disclosures and analyst background
at www.jmdutton.com before investing. Dutton Associates updates its
coverage of Maine & Maritimes Corporation (AMEX:MAM),
maintaining its Speculative Buy rating and a 12-month price target
of $20.00. The 10-page report by Dutton Associates senior analyst
Sally H. Wallick, CFA is available at www.jmdutton.com as well as
from First Call, Bloomberg, Zacks, Reuters, and Knobias and other
leading financial portals. Maine & Maritimes is a holding
company for Maine Public Service Company (MPS), a regulated
electric transmission and distribution utility serving much of
northern Maine, and unregulated businesses, including The Maricor
Group (TMG) and Maricor Technologies, Inc. (MTI). TMG is a
professional engineering services and solutions firm and MTI is a
software technology firm that develops and maintains technologies
supporting lifecycle asset management and capital budget planning.
In addition, Maine & Maritimes owns 50% of the common stock of
Maricor Properties with Ashford Investments Inc. About Dutton
Associates Dutton Associates is one of the largest independent
investment research firms in the U.S. Its 28 senior analysts are
primarily CFAs, and have expertise in many industries. Dutton
Associates provides continuing analyst coverage of 140 enrolled
companies, and its research, estimates, and ratings are carried in
all the major databases serving institutions and online investors.
The current cost of enrollment in our one-year continuing research
program is US $39,500 prepaid for 4 Research Reports, typically
published quarterly, and requisite Research Notes. Dutton
Associates received $35,000 from the Company for 4 Research Reports
with coverage commencing on 5/16/06. The Firm does not accept any
equity compensation. Our principals and analysts are prohibited
from owning or trading in securities of covered companies. The
views expressed in this research report accurately reflect the
analyst's personal views about the subject securities or issuer.
Neither the analyst's compensation nor the compensation received by
us is in any way related to the specific ratings or views contained
in this research report or note. Please read full disclosures and
analyst background at www.jmdutton.com before investing.
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