Wedbush Morgan Initiates Coverage of Ascent Solar Technologies (ASTI) with a Hold
More News related to ASTI
- JPMorgan Upgrades Ascent Solar (ASTI) to Neutral
- Ascent Solar Technologies Announces Results of Annual Meeting of Shareholders
- US Senators Michael Bennet and Mark Udall Visit Ascent Solar to Discuss Colorado Job Creation in the New Energy Economy
- Ascent Solar Manufactures Light Weight Flexible 5 Meter CIGS Based PV Laminate
- Ascent Solar to Present at Credit Suisse Solar Conference
Wedbush Morgan initiates coverage of Ascent Solar Technologies (Nasdaq: ASTI) with a Hold rating and $5.50 price target.
Wedbush analyst says, "CIGS manufacturing technology supports long-term prospects in high-end specialty markets. CIGS roll-to-roll manufacturing enables product use in various applications including BIPV, EIPV, and solar panels...Potential acquisition target by strategic partner or new market entrant. Provides interesting long-term investment but significant hurdles remain in the near-term...Expect share price to remain range bound until significant strides toward profitability are visible."
Ascent Solar Technologies, Inc. (Ascent) is a development stage company formed to commercialize flexible photovoltaic (PV) modules using technology developed by ITN Energy Systems, Inc. (ITN)
Related Categories
New CoverageStocks Mentioned
+0.30Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
