Jefferies Raises Price Target On Westport Innovation (WPRT) to $45
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Price: $1.81 --0%
Rating Summary:
8 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
Rating Summary:
8 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
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Jefferies boosted its price target on Buy-rated Westport Innovations (NASDAQ: WPRT) from $38 to $45.
The firm comments, "Positive commentary on NGV market dynamics by Westport's partners and customers should support the shares over the next 6-12 months, and we are raising our price target $7 to $45 to reflect this. At current elevated levels, however, Westport needs to deliver significant improvements in its order book to extend momentum further."
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 $38.38 yesterday.
The firm comments, "Positive commentary on NGV market dynamics by Westport's partners and customers should support the shares over the next 6-12 months, and we are raising our price target $7 to $45 to reflect this. At current elevated levels, however, Westport needs to deliver significant improvements in its order book to extend momentum further."
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 $38.38 yesterday.
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