Maxim Group Rumored to be Positive on Harbin Electric

tweeting that Maxim Group is reporting that Harbin Electric's

$400M credit facility is a binding agreement, giving the company a $24 price target. A document can be found

. This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in securities, price movements based on unofficial information may change quickly based on increased speculation, clarification, or release of official news.