Texas Capital Securities Reiterates Buy Rating on Gevo, Inc. (GEVO)

Texas Capital Securities analyst Derrick Whitfield reiterated a Buy rating and $4.50 price target on Gevo, Inc. (NASDAQ: GEVO)

The analyst comments "This morning, Gevo provided a business update that included high-level financial projections for the recently acquired Red Trail Energy assets, initial results and 2025 outlook for Gevo’s dairy RNG project, and project updates from Gevo’s first Net Zero plant, renamed ATJ-60. While we await 4Q24 financial and operational results, we are encouraged by the outlook for the Net Zero North project and EBITDA potential of the company’s dairy RNG project that can drive run-rate adjusted EBITDA growth in 2025."

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 $1.25 yesterday.

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