By: Benzinga
UPDATE: Wedbush Downgrades Exide Technologies to Neutral on Uncertainty Following Vernon Closure
In a report published Friday, Wedbush analyst Craig Irwin downgraded the rating on Exide Technologies (NASDAQ: XIDE ) from Outperform to Neutral, and lowered the price target from $6.00 to $2.00. In the report, Irwin noted, “We are downgrading shares of Exide to NEUTRAL from OUTPERFORM on elevated uncertainty after
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