Cowen Initiates American Superconductor At Outperform - American Superconductor (NASDAQ:AMSC)

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Analysts at Cowen & Company initiated coverage on shares of

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American Superconductor

(NASDAQ: AMSC) with a Outperform rating. The target price for American Superconductor is set to $1.50. American Superconductor shares have dropped 50.00% over the past 52 weeks, while the S&P 500 index has gained 13.27% in the same period.American Superconductor's shares gained 1.94% to close at $0.73 yesterday.