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Enter Symbol:
 
Exide Technologies (XIDEQ) [hlAlert]

Rating:
Outperform
XIDE
down 99.02 %

Exide Technologies (XIDE) rated Outperform with price target $13 by Wedbush Morgan

Posted on: Thursday,  Sep 10, 2009  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform Exide Technologies (OTCBB: XIDEQ) on 09/10/2009, when the stock price was $7.25. Since
then, Exide Technologies has lost 99.03% as of 02/02/2015's recent price of $0.07.
If you would have followed this Wedbush Morgan's recommendation on XIDEQ, you would have lost 99.02% of your investment in 1971 days.

Exide Technologies, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups - Transportation North America, Transportation Europe and Rest of World, Industrial Energy North America and Industrial Energy Europe and Rest of World - provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications. Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and forty two-volt automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic i.e. solar-power related and uninterruptible power supply, and motive-power applications including lift trucks, mining and other commercial vehicles.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/10/2009 9:25 AM Buy
None
7.25 13.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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