Market Overview

Goldman Sachs: A123 Systems, Inc. Highlights Analyst Day, Maintains Neutral


Goldman Sachs released a research report on A123 Systems, Inc. (NASDAQ: AONE) highlighting its analyst day.

In the report Goldman Sachs writes, “We expect limited near-term impact on A123 shares given the lack of any meaningful new data and incremental visibility into potential catalysts and/or improved liquidity. As expected, A123 kept its financial targets unchanged, reiterating a revenue outlook of $210-$225 mn for fiscal 2011 with both auto and grid sales on track. Grid sales hold substantial long term potential, but will likely evolve with policy.”

Goldman Sachs maintains a Neutral rating and price target of $5.00 on A123 Systems, Inc., which closed yesterday at $4.79.


Related Articles (AONE)

View Comments and Join the Discussion!

Posted-In: Goldman SachsAnalyst Color Analyst Ratings

Latest Ratings

HYMCBMO CapitalInitiates Coverage On
DEMorgan StanleyMaintains335.0
SBNYRaymond JamesMaintains138.0
CORTHC Wainwright & Co.Maintains32.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at