Canaccord Genuity Maintains a 'Buy' on Gevo, Inc. (GEVO); Laser Focus on Luverne
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Price: $1.54 +1.99%
Rating Summary:
10 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
10 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity maintains a 'Buy' on Gevo, Inc. (NASDAQ: GEVO) price target of $16.00.
Analyst, John Quealy, said, "Gevo management is steadfast on hitting start-up milestones at Luverne and ensuring operational excellence thru ’12. Not surprisingly, we adjust our H2 numbers to account for this inward operational focus, along with proactively adjusting ‘13/14 for future plant start-up dates. We continue to find the opportunity compelling given the speculative risk profile."
"Our 2012 estimates go to $37.1MM/$(2.53) from $50.0M/$(2.23), while 2013 adjusts to $72.4M/$1.87 from $172.3M/$(1.18) and 2014 to $366M/$0.43 from $491.3M/$0.85."
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 $9.77 yesterday.
Analyst, John Quealy, said, "Gevo management is steadfast on hitting start-up milestones at Luverne and ensuring operational excellence thru ’12. Not surprisingly, we adjust our H2 numbers to account for this inward operational focus, along with proactively adjusting ‘13/14 for future plant start-up dates. We continue to find the opportunity compelling given the speculative risk profile."
"Our 2012 estimates go to $37.1MM/$(2.53) from $50.0M/$(2.23), while 2013 adjusts to $72.4M/$1.87 from $172.3M/$(1.18) and 2014 to $366M/$0.43 from $491.3M/$0.85."
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 $9.77 yesterday.
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