Deutsche Bank Maintains a 'Buy' on A123 Systems (AONE); Path to Profitability Detailed at Analyst Day

Deutsche Bank maintains a 'Buy' on A123 Systems (NASDAQ: AONE) price target of $12.00.

Deutsche analyst says, "Management did an excellent job in addressing key investor concerns Overall, we thought the company significantly upgraded their communication in three critical areas of investor focus: 1) Provided a believable near-term path to positive gross margin; 2) Validated competitive positioning vis-à-vis larger Asian competitors; and 3) Provided 3rd party est's of the market opportunity by segment. As a result, we have increased confidence in our short- and long-term revenue / profitability projections."

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

Shares of A123 Systems closed at $4.79 yesterday.

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