A123 Systems (AONE) Shares Getting Whacked as Wunderlich Cuts to Sell

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Shares of A123 Systems (NASDAQ: AONE) are tumbling this morning as we are hearing that an analyst at Wunderlich Securities has downgraded the stock from Hold to Sell. The firm cut its price target on AONE shares from $9 to $6.

A123 shares last traded at $8.08, down 7.4% from yesterday's closing price. The firm's new price target represents potential downside of more than 25% from where the stock is trading this morning.

For more ratings news on A123 Systems click here and for the rating history of A123 Systems click here.

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