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American Battery shares rise 10.30% after-hours after Alliance Global raises price target to $7 from $6.
ByAinvest
Wednesday, Nov 19, 2025 5:11 pm ET1min read
American Battery surged 10.30% in after-hours trading following Alliance Global Partners raising its price target from $6 to $7 and maintaining a "Buy" rating after the company’s fiscal Q1 report. This upgrade, while lacking detailed commentary in the provided content, signals renewed institutional confidence in ABAT’s prospects, contrasting with prior bearish news about the Department of Energy terminating a $58 million grant in October 2025, which had previously triggered a 57% decline. The after-hours rally aligns with the firm’s positive re-rating, suggesting improved sentiment amid the firm’s ongoing legal and operational challenges.
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