EXROF - Exro Technologies reversing losses after short report defense upgrade

Exro Technologies (EXROF) jumped 47%, reversing a big drop yesterday following the publication of a short report calling for potential 95% downside in the shares.A few hours after the close yesterday, Exro issued its response to the Mariner Research report, calling the piece,  "full of inaccuracies, innuendos, and outright distortion," though the company say it would have a full response in 48 hours.In addition, Raymond James premarket today upgraded Exro shares to strong buy from outperform after holding a call last night with Exro management and investors.Raymond James analyst Michael Glen wrote that his view of the company's technology, management team and outlook have not been impacted in "any way, shape or form, due to the report. Glen has a C$9 price target on the shares.The analyst says that the report gives no background information on CEO Sue Ozdemir, who left an executive role at Wolong/General Electric to join Exro and that she is

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Exro Technologies reversing losses after short report defense, upgrade