Wunderlich Securities rates American Superconductor (AMSC) a Buy and has a $50 price target which would represent a nearly 70% move up from current levels.  The firm notes that the company has significant cash reserves and no debt.  Shares of AMSC continue to remain in basing pattern and are now testing resistance of the 200 day moving average.

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Wunderlich is also bullish on shares … Read the rest