China Trucking Shift to Natural Gas to Benefit Westport Innovations (WPRT)

Article Stock Quotes (1) Comments (0)

Westport Innovations' (NASDAQ: WPRT) Chinese joint venture could see a significant benefit as China's truck market is making an aggressive shift to natural gas, according to analysts at Piper Jaffray. The comments come after a visit to Westport's China JV.

The firm reiterated their Overweight rating and price target of $45.50.

For an analyst ratings summary and ratings history on Westport Innovations click here. For more ratings news on Westport Innovations click here.

Shares of Westport Innovations closed at $30.55 yesterday, with a 52 week range of $19.69-$50.19.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Jefferies Lifts Numbers on Diana Shipping (DSX) Post Q1
• Topeka Capital Starts InvenSense (INVN) at Buy
• Wedbush Upgrades Pacific Sunwear of California (PSUN) to Neutral

Create E-mail Alert Related Categories

Analyst Comments

Related Entities

Piper Jaffray

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?