Goldman Sachs Maintains Neutral on A123 Systems (AONE)

Goldman Sachs is out with its report on A123 Systems (NASDAQ: AONE), maintaining Neutral.

In a note to clients, Goldman Sachs writes, "We remain Neutral rated on AONE shares. Despite a leading technology and rapid capacity expansion, we believe the investment cycle ahead of the revenue ramp is proving to take longer and require more capital than expected."

Goldman Sachs has a $9 PT on AONE.

At the time of posting, shares of AONE were trading pre-market at $9.63, up 1.58% from Monday's close.