Cowen Upgraded Gevo (GEVO) to Outperform Following Malaysian Collaboration

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An analyst at Cowen upgraded shares of Gevo, Inc. (NASDAQ: GEVO) from Neutral to Outperform Wednesday morning following news from Tuesday evening the company has entered a collaboration to produce cellulosic isobutanol in Malaysia.

Gevo shares are up a very sharp 28 percent amid the release. The stock last traded at $7.60.

For an analyst ratings summary and ratings history on Gevo, Inc. click here. For more ratings news on Gevo, Inc. click here.

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