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Stock Market & Financial Investment News

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June 13, 2012
05:45 EDTAONEA123 Systems shares to give back yesterday's rally, says Wunderlich
Wunderlich expects shares of A123 Systems to give back all of yesterday's 52% rally since it may take years to get the new technology into production and qualify with customers. The firm calls new battery technologies a "dime a dozen" and expects A123's new material that was announced yesterday to have no near-term impact. Wunderlich reiterates a Sell rating on A123 shares with a 50c price target.
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