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Ecotality Up Most in 3 Years as Sales Gain: San Francisco Mover

Ecotality Inc. (ECTY), operator of the second-largest U.S. network of public electric-car charging stations, rose the most in more than three years after reporting annual sales almost doubled.

Ecotality gained 35 percent to $1.30 at the close in New York, the biggest increase since Sept. 25, 2009. Trading volume was a 12-fold increase from the three-month average for the shares, which have almost tripled this year. Vista Partners initiated coverage of Ecotality today with a 12-month price target of $3.70.


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