Wunderlich Securities Upgrades Energ1 to Hold, Maintains PT of $1

Wunderlich Securities upgraded its rating on Ener1 (NYSE: HEV) from Sell to Hold. At the same time, the rating agency reiterated its price target of $1 on the company's stock. On Tuesday, Ener1 lost 6.54% of its value to finish the day at $1.