31 Mar '12, 12pm

The Week In Cleantech: March 31, 2012: Filed under: Energy News

The Week In Cleantech: March 31, 2012: Filed under: Energy News

March 26: Tesla Motors (NASDAQ:TSLA ) Upgraded to $49 A123 Systems (NASDAQ:AONE ) announced today that it will have to replace battery modules and packs that may contain defective cells. The replacement is likely to cost about $55 million. The stock is down about 4 percent in pre-market. If the broader market stays positive today, the damage could be contained. I expect to see a number of follow-up articles blasting A123 because, well, the company works in the electric vehicle space and it's received government support. The combination of the two makes it a popular target. On the upside of electric vehicles today, Wunderlich just upgraded Tesla (NASDAQ:TSLA ) from hold to buy, with a $49 price target. I'm a huge fan of Tesla, but admittedly a bit surprised at the $49 price target. My personal opinion is that $49 is a bit optimistic. I'm more comfortable with somewhere betw...

Full article: http://www.altenergystocks.com/archives/2012/03/the_week_...

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(o ̄∀ ̄)ノ{CL2425!!): March 2012 favorites!

(o ̄∀ ̄)ノ{CL2425!!): March 2012 favorites!

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