Tag: Goldman Sachs
Goldman Sachs Begins Coverage of A123 with Neutral Rating
by Kevin Rippey on Nov.23, 2009, under Nanotech Company Info
Goldman Sachs began its coverage of battery maker A123 Systems (NASDAQ: AONE) last week. Goldman placed a $14 price target on the company along with a neutral rating. A123 produces a range of lithium-ion batteries. The stock last traded at $14.53 and has traded down for most of the last month as it has slid from a high of $28.20 in the days after its IPO.
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