Cowen Upgraded Gevo (GEVO) to Outperform Following Malaysian Collaboration

June 20, 2012 11:58 AM EDT
Get Alerts GEVO Hot Sheet
Price: $3.72 --0%

Rating Summary:
    8 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 29 | Down: 28 | New: 6
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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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