Barrington Research Initiates Profire Energy With Outperform

Analysts at Barrington Research initiated coverage on Profire Energy, Inc. (NASDAQ: PFIE) with a Outperform rating.

The target price for Profire Energy is set to $2.50.

Profire Energy shares have dropped 63.84 percent over the past 52 weeks, while the S&P 500 index has surged 13.28 percent in the same period.

Profire Energy shares rose 4.52 percent to close at $1.62 on Friday.