Active Power (ACPW +2.4%) moves up today after Ascendiant Capital initiated the shares with a Buy rating and $5.25 price target. Ascendiant says the company is in a great position to gain market share. Its patented flywheel UPS systems are disrupting conventional battery-based UPS systems, while its 'green' solutions achieve better efficiencies, provide greater reliability, offer a smaller footprint and a lower total cost of ownership than competing solutions.
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