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Uqm Technologies Inc (UQM) [hlAlert]

up 33.33 %

Uqm Technologies Inc (UQM) rated Buy with price target $1.50 by Needham

Posted on: Thursday,  Aug 2, 2012  8:25 AM ET by Needham

Needham rated Buy Uqm Technologies Inc (AMEX: UQM) on 08/02/2012, when the stock price was $0.75. Since then, Uqm Technologies
Inc has gained 33.33% of its value until Needham rated UQM Hold on 10/26/2012, when the price was $1.00.
If you would have followed this Needham's recommendation on UQM, you would have gained 33.33% of your investment in 85 days.

UQM Technologies, Inc. (UQM) is a developer and manufacturer of electric motors, generators and power electronic controllers. The Company operates in two segments: technology, which encompasses the advancement and application of its motors, generators, power electronics and software, and power products, which encompasses the manufacture of motors, generators, power electronic controllers and related products. The Company?s revenue is derived from two principal sources: funded contract research and development services performed for strategic partners, customers and the United States government directed toward either the advancement of its technology portfolio or the application of its technology to customers? products, and the manufacture and sale of products engineered by the Company. It has two principal operating companies: UQM Technologies, Inc. and UQM Power Products, Inc. (UQM Power).

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/26/2012 8:25 AM Hold
as of 12/31/2012
1 Week   
1 Month   
3 Months down  -13.79 %
1 YTD down  -27.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/2/2012 8:25 AM Buy
0.75 1.50
10/31/2011 8:25 AM Buy
2.01 4.00

(*) Stock Price at the time of the recommendation.
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