Roth Capital Downgrades China BAK Battery (CBAK) to Hold
CBAK Hot Sheet
Rating Summary:0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 23
Roth Capital downgrades China BAK Battery (Nasdaq: CBAK) from Buy to Hold. Price targe increased from $1.50 to $3.
China BAK Battery, Inc. is engaged in manufacturing rechargeable lithium-based battery cells. It produces battery cells that are the principal component of rechargeable batteries used to power applications, such as cellular phones, notebook computers, portable consumer electronics, such as digital cameras, portable media players, portable gaming devices and personal digital assistants (PDA), and other applications, such as cordless power tools, mining lamps, light electric vehicles and hybrid electric vehicles.
China BAK Battery, Inc. is engaged in manufacturing rechargeable lithium-based battery cells. It produces battery cells that are the principal component of rechargeable batteries used to power applications, such as cellular phones, notebook computers, portable consumer electronics, such as digital cameras, portable media players, portable gaming devices and personal digital assistants (PDA), and other applications, such as cordless power tools, mining lamps, light electric vehicles and hybrid electric vehicles.
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