Shaun Currie, CFA
Long/short equity, hedge fund analyst, momentum

Quantum Fuel Systems: An Update After Quarterly Earnings And Realization Of Price Target

Quantum Fuel Systems (NASDAQ:QTWW) has had quite a run since my original article in November, and subsequent addition to my Top 12 Ideas For 2014 article in December. After strong quarterly earnings last week that helped the stock reach my original price target of $10.75, I decided to review the name to reassess the position. Though I did trim my position at the $10.75 price target, I believe the recent sell-off provides a good entry point on the stock. Additionally, I am increasing my price target to at least $15 based upon a run-rate sensitivity analysis.

When looking at consensus estimates for QTWW, I believe that Street estimates are still too low on the stock. QTWW has a...

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