Wunderlich Securities Reiterates Hold on Ener1, Raises PT to $1.25

Wunderlich Securities reiterated its Hold rating on Ener1 (NYSE: HEV). At the same time, the rating agency raised its price target on the company's stock from $1 to $1.25. On Thursday, HEV lost 2.86% of its value to finish the day at $1.02. Its shares recovered some of yesterday's losses in today's pre-market trading, rising 0.98% to stand around $1.03.