Morgan Stanley Maintains Overweight Rating on A123 Systems

According to Morgan Stanley, A123 Systems

Overweight rating is maintained. Morgan Stanley said that the Detroit News has reported that General Motors is expected to reveal an all-electric car for the US market for the 2013 model year. “The plans are for a small, battery-powered vehicle designed for urban markets, based on the Spark, which GM currently sells in Europe as a four-cylinder.” A123 Systems closed yesterday at $3.31.