Oppenheimer Maintains Outperform on Westport Fuel Systems, Raises Price Target to $19
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Colin Rusch maintains an Outperform rating on Westport Fuel Systems (NASDAQ:WPRT) and raises the price target from $6 to $19.
August 10, 2023 | 3:54 pm
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Oppenheimer analyst maintains an Outperform rating on Westport Fuel Systems and raises the price target from $6 to $19.
The news of Oppenheimer maintaining an Outperform rating and raising the price target for Westport Fuel Systems is likely to have a positive impact on the company's stock in the short term. This is because such an upgrade usually signals the analyst's increased confidence in the company's future performance, which can attract more investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100