HC Wainwright & Co. Maintains Buy on Gevo, Lowers Price Target to $14
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Amit Dayal maintains a 'Buy' rating on Gevo (NASDAQ:GEVO) but lowers the price target from $18 to $14.
August 11, 2023 | 10:21 am
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Gevo's price target has been lowered from $18 to $14 by HC Wainwright & Co., though the 'Buy' rating is maintained.
The lowering of the price target could potentially indicate a less optimistic outlook for the company's stock, which may impact investor sentiment. However, the maintained 'Buy' rating suggests that the analyst still sees potential upside, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100