Kandi Technologies jumps on analyst upgrade
Shares of Kandi Technologies (Nasdaq:KNDI) jumped in morning trading after independent investment research Dutton Associates raised its rating on the maker of all-terrain vehicles, go-karts, golf carts, motor cycles, and motor scooters to “strong speculative buy” from “speculative buy” with price target of $6.72.
Shares jumped 17%, or $0.73, to $5.03 in mid-morning trading. For detailed price information and recent news stories about Kandi Technologies, click KNDI.
About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.
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