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Shares of Exide Technologies (XIDE +11.1%) shoot higher, emboldened by an upgrade from Wedbush...

Shares of Exide Technologies (XIDE +11.1%) shoot higher, emboldened by an upgrade from Wedbush to Outperform from Neutral. An analyst with the firm cites a litany of reasons for the ratings boost, highlighted by the belief the market has fully priced in the operating challenges of the electric battery maker.
Comments (2)
  • bones2180
    , contributor
    Comments (45) | Send Message
     
    The analyst has been covering the stock for 6 years and has buried every investor in the name. It's a piece of junk.
    6 Jan 2012, 01:41 PM Reply Like
  • northbrancharmory
    , contributor
    Comment (1) | Send Message
     
    Frankly, Bones, XIDE is up no less than 26% YTD, and at about $3.50, is poised to move to it's 52 week high of $12. You'll tend to do better if you time your trades right.
    27 Jan 2012, 11:15 PM Reply Like
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