UPDATE: Jacob Securities Reiterates on Ormat Technologies Following Q3 Reports

In a report published Thursday, Jacob Securities analyst John McIlveen reiterated a Hold rating on Ormat Technologies (NYSE: ORA ), and raised the price target from $25.00 to $30.00. In the report, Jacob Securities noted, “Revenue of $130.7 million exceeded our forecast of $123.7 million but missed the street estimate