...from Sept 12th... Maxwell Technologies Inc. (NASDAQ: MXWL) is a company that makes the Cowen Outperform list in the next-generation transportation arena. The company is a leading supplier of innovative ultra-capacitor solutions targeted at automotive, wind, heavy-duty transportation, rail, consumer electronics, industrial motive power and utility metering applications. Maxwell has solid opportunities in China with sales for regenerative braking systems for municipal buses. Cowen places the initial price target at $12, while the consensus target is much higher at $16. The shares ended Thursday at $9.33.
The question with clean technology is not if, but when do all of these top sub-sectors and applications become ubiquitous. In a world choked with ever-growing populations, especially in urban areas, and increasing environmental hazards, the sector could very well prove to be a leader for years and perhaps decades to come.
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