China Trucking Shift to Natural Gas to Benefit Westport Innovations (WPRT)
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Price: $1.83 +1.10%
Rating Summary:
8 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
8 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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Westport Innovations' (NASDAQ: WPRT) Chinese joint venture could see a significant benefit as China's truck market is making an aggressive shift to natural gas, according to analysts at Piper Jaffray. The comments come after a visit to Westport's China JV.
The firm reiterated their Overweight rating and price target of $45.50.
For an analyst ratings summary and ratings history on Westport Innovations click here. For more ratings news on Westport Innovations click here.
Shares of Westport Innovations closed at $30.55 yesterday.
The firm reiterated their Overweight rating and price target of $45.50.
For an analyst ratings summary and ratings history on Westport Innovations click here. For more ratings news on Westport Innovations click here.
Shares of Westport Innovations closed at $30.55 yesterday.
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