Canaccord Genuity Maintains a 'Hold' on Westport Innovations (WPRT); Quarter Performance Keeps the Pace
Tweet
Share
E-mailGet Alerts WPRT Hot Sheet
Price: $1.83 +1.10%
Rating Summary:
8 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
8 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Canaccord Genuity maintains a 'Hold' on Westport Innovations (NASDAQ: WPRT) price target of $30.00.
Canaccord analyst, John Quealy, said, "We maintain our HOLD as Westport’s growth story continues to evolve against a favorable nat gas macro and elevated Street expectations (at least qualitatively). While risk/reward appears balanced, we find the company well positioned to make further market gains into year end...New numbers: Our 2011 estimates go to $246.4M/$(0.98) from $226.6M/$(0.99), while our 2012 estimates adjust to $345.7M/$(0.55) from $328.9M/$(0.48)."
For more ratings news on Westport Innovations click here and for the rating history of Westport Innovations click here.
Shares of Westport Innovations closed at $28.88 yesterday.
Canaccord analyst, John Quealy, said, "We maintain our HOLD as Westport’s growth story continues to evolve against a favorable nat gas macro and elevated Street expectations (at least qualitatively). While risk/reward appears balanced, we find the company well positioned to make further market gains into year end...New numbers: Our 2011 estimates go to $246.4M/$(0.98) from $226.6M/$(0.99), while our 2012 estimates adjust to $345.7M/$(0.55) from $328.9M/$(0.48)."
For more ratings news on Westport Innovations click here and for the rating history of Westport Innovations click here.
Shares of Westport Innovations closed at $28.88 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Viking Holdings (VIK) PT Raised to $82 at Mizuho
- Benchmark Reiterates Buy Rating on Rank One Computing (ROC)
- Deere (DE) PT Lowered to $728 at UBS as Agricultural Machinery Cycle Gets Closer
Create E-mail Alert Related Categories
Analyst CommentsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
