Tag Archives: lazard capital

Lazard Capital: Fisker Presents Significant Opportunity For A123 Systems (AONE); Thomas Weisel Starts At Market Weight

Lazard Capital noted that on Friday, the DOE’s big $528 million loan to Fisker Automotive for the development of its Karma and Nina electric vehicles closed.  As the only battery supplier to Fisker, it represents a big opportunity for A123.  Lazard maintains a Buy rating on the stock.  On April 12th, Lazard confirmed that Chrysler will use A123 lithium batteries in its Fiat 500 line of electric cars which Lazard believes could be a … Read the rest

Lazard Capital: Chrysler Confirms Using A123 Battery For Fiat EV’s

A123 Systems (AONE) is getting a bit of a pop this morning after Lazard Capital said that Chrysler has confirmed it will use A123 Systems lithium batteries for its Fiat 500 electric cars which are expected to hit the US market in 2012.  Lazard believes this could potentially be a $100 million dollar deal.  That seems a bit far fetched to me, but traders like it this morning sending the stock up about 4% in … Read the rest

Morgan Stanley, BofA, Deutsche Bank Initiate Coverage On A123 Systems (AONE)

The coverage is beginning to come out on A123 Systems (AONE) and the first round is generally positive with some bullish comments coming out of Deutsche Bank. 

Bank of America initiates with a Hold rating and $17 price target.

Morgan Stanley has initiated coverage an Equalweight which I assume is similar to a Hold rating.

Deutsche Bank initiates coverage with a Hold rating and price target of $17.

Hat tip to StreetInsider.com for the following … Read the rest

Lazard Capital & Collins Stewart Buy Rating On Yingli Green Energy (YGE)

Yingli Green Energy (YGE) is erasing Friday’s losses after Collins Stewart maintained its Buy rating and raised the price target from $10 to $11 and Lazard Capital upgraded the stock from Hold to Buy this morning.

Here are the comments from Collins according to Street Insider.  Not exactly bullish comments!

“YGE’s 1Q09 revenues were $146M, 20% below our $181M forecast and the $194M consensus. Revenues were down 36% yr/yr and 43% sequentially. We estimate … Read the rest

Today’s Analyst Upgrades/Downgrades & Notes On Alternative Energy Stocks: FSLR, WFR, ESLR, ASTI, TSL, AVAV

It’s getting late but wanted to run down the upgrades/downgrades of today as well as a few notes..

Lazard Capital Markets analyst Sanjay Shrestha said this week that although macroeconomic factors continue to depress alternative energy stocks, the future looks bright.  “We believe Barack Obama’s election is a long-term positive for the alternative energy group,” Shrestha said. “Until the financial markets show signs of stability, the economy will likely continue to overshadow other policy agenda … Read the rest