After sinking to all time lows last week, shares of A123 Systems (AONE) are popping higher today on news that Morgan Stanley upgraded to Overweight from Equalweight and raised the price target to $9/share which would be a double from Friday?s closing price.
The firm cites three catalysts as well as revenue visibility.
1. Revenue ramp (could top 2009 & 2010 totals over next three quarters) as several customers enter volume production. You might remember that the CEO
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AVNET BHARTI AIRTEL BT GROUP CANON MEMC ELECTRONIC MATERIALS
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