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Enter Symbol:
American Superconductor Corporation (AMSC) [hlAlert]

down 98.64 %

American Superconductor Corporation (AMSC) upgraded to Buy with price target $40 by Needham

Posted on: Friday,  Nov 20, 2009  9:25 AM ET by Needham

Needham rated Buy American Superconductor Corporation (NASDAQ: AMSC) on 11/20/2009, when the stock price was $331.90. Since
then, American Superconductor Corporation has lost 98.64% as of 01/13/2016's recent price of $4.51.
If you would have followed this Needham's recommendation on AMSC, you would have lost 98.64% of your investment in 2245 days.

American Superconductor Corporation is a leading energy technologies company. The company develops and sells a wide range of products and solutions based on power electronic systems and high temperature superconductor wires that dramatically improve the efficiency, reliability and quality of electricity during its generation, transmission, distribution and use. The company is a dominant force in alternative energy, offering grid interconnection solutions as well as licensed wind energy designs and electrical systems. As the world's principal supplier of HTS wire, AMSC is enabling a new generation of compact, high-power electrical products, including power cables, grid-level surge protectors, motors, generators, and advanced transportation and defense systems. AMSC also provides utility and industrial customers worldwide with voltage regulation systems that dramatically enhance power grid capacity, reliability and security, as well as industrial productivity.

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
11/20/2009 9:25 AM Buy
331.90 400.00
as of 12/31/2009
1 Week down  -36.02 %
1 Month down  -17.77 %
3 Months down  -17.74 %
1 YTD down  -17.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2007 9:25 AM Hold
8/1/2007 9:25 AM Buy
191.10 240.00

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