A123 (AONE) Rallying as Craig-Hallum Starts at Buy and Sets $15 Price Target

June 10, 2010 11:15 AM EDT
Get Alerts AONE Hot Sheet
Price: $10.02 --0%

Rating Summary:
    3 Buy, 5 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 12 | New: 29
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Shares of A123 Systems (Nasdaq: AONE) have just spiked sharply higher in mid-day trading as an analyst at Craig-Hallum has initiated coverage on the stock with a Buy rating and $15 price target in an intraday note.

The stock is now up 5.5% from yesterday's close, last trading around $8 even. Craig-Hallum's new price target suggests potential upside of almost 88% from where the stock is trading this morning.

Visit our Analyst Ratings page to track all the upgrades/downgrades/new coverage on shares of A123.

A123 Systems, Inc., together with its subsidiaries, engages in the design, development, manufacture, and sale of rechargeable lithium-ion batteries and battery systems primarily in the United States.

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