Altair Nanotechnologies Inc fka ALTI

[lbman]

Equities research analysts at MDB Research upgraded shares of Altair Nanotechnologies, Inc. (NASDAQ: ALTI) to a “buy” rating in a research note to investors on Wednesday. The analysts currently have a $3.50 price target on the stock, up from $3.20.

Separately, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Altair Nanotechnologies, Inc. in a research note to investors on Thursday, December 30th.

Altair Nanotechnologies Inc. is engaged in the business of developing, manufacturing and selling its nano lithium titanate battery products and providing related design, installation and test services. The Company’s primary focus is marketing its large-scale energy storage solutions to power companies and electric grid operators throughout the world. In addition, it also markets its battery products to the electric and hybrid-electric mass-transit markets. It also provides contract research services on select projects where it can utilize its resources to develop intellectual property and/or new products and technology. The Company is organized into two divisions: Power and Energy Group and all other division.


http://www.americanbankingnews.com/2011/03/03/altair-nanotechnologies-inc-alti-upgraded-by-mdb-research-to-buy/