Clean Energy Fuels (CLNE) a Natural Gas Fueling Juggernaut; Lake Street Capital Markets Starts at 'Buy"
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Westport Innovations (WPRT) Is a Double; Lake Street Capital Markets Starts at 'Buy'
January 8, 2013 12:57 PM ESTLake Street Capital Markets' analyst Robert Brown (formerly with Craig-Hallum) initiated coverage on Westport Innovations (NASDAQ: WPRT) Tuesday with a Buy rating and $54 price target, suggesting a near double from current levels.
Brown said partnerships with engine OEM's like Cummins, Volvo, Weichai and Caterpillar, its technology advantage with HPDI, and a new engine launching in 2013, all position the company benefit from the shift to natural gas from diesel... More
