Westport Innovations, Inc. (WPRT) Tops Q4 EPS by 2c

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Westport Innovations (WPRT) Making Progress, Q1 Shows - Jefferies

May 2, 2014 8:09 AM EDT

Jefferies analyst Laurence Alexander reiterated a Buy rating and $28 price target on Westport Innovations (NASDAQ: WPRT) after Q1 beat by $0.05 and EBITDA loss narrows sharply.

Progress made in Q1 narrowing its EBITDA losses was obscured by disappointing results at the CWI JV. Even with... More