The stock was rising 13.3% to $13.17 on volume of nearly 600,000, according to Nasdaq.com. Based on Monday's regular session close at $11.62, the shares were up more than 35% so far in 2011. Wall Street was very bullish on GT Solar ahead of the news with 11 of the 13 analysts covering the shares at either strong buy (5) or buy (6), and the median 12-month price target sitting at $15.
Written by Michael Baron in New York.
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