Vertex Energy (VTNR) To Acquire Alabama Refinery and Related Logistics Assets

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Go back to Vertex Energy (VTNR) To Acquire Alabama Refinery and Related Logistics Assets

Vertex Energy (VTNR) PT Raised to $25 at H.C. Wainwright; Suggesting Another 500%+ Upside

May 28, 2021 7:53 AM EDT

H.C. Wainwright analyst Amit Dayal raised the price target on Vertex Energy (NASDAQ: VTNR) to $25.00 (from $4.00) while maintaining a Buy rating after the transformational deal in which it agreed to acquire refining and logistics assets of Shell in Mobile, Alabama, for $75M. The new price target suggests another 526% upside from yesterday's close.

The analyst commented, "The deal is expected... More

Vertex Energy (VTNR) Surges on Plan to Acquire Shell's Mobile, Alabama Refinery

May 26, 2021 5:35 PM EDT

Vertex Energy (NASDAQ: VTNR) surges 70% after-hours after the company announced that it has entered into a... More