UPDATE: Raymond James Downgrades Gevo, Inc. (GEVO) to Market Perform
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Price: $0.60 -9.09%
Rating Summary:
8 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
8 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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(Updated - June 19, 2013 9:54 AM EDT)
Raymond James downgraded Gevo, Inc. (NASDAQ: GEVO) from Outperform to Market Perform. The downgrade follows a recent 20% rally in the stock. Analyst Pavel Molchanov sees production challenges ahead and says positive margins are unlikely to emerge before Q1 2014. The next plant may not come online until than 2014.
For an analyst ratings summary and ratings history on Gevo, Inc. click here. For more ratings news on Gevo, Inc. click here.
Shares of Gevo, Inc. closed at $2.07 yesterday.
Raymond James downgraded Gevo, Inc. (NASDAQ: GEVO) from Outperform to Market Perform. The downgrade follows a recent 20% rally in the stock. Analyst Pavel Molchanov sees production challenges ahead and says positive margins are unlikely to emerge before Q1 2014. The next plant may not come online until than 2014.
For an analyst ratings summary and ratings history on Gevo, Inc. click here. For more ratings news on Gevo, Inc. click here.
Shares of Gevo, Inc. closed at $2.07 yesterday.
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