Stifel Maintains Buy on Gevo, Raises Price Target to $3.4
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on Gevo (NASDAQ:GEVO) and raised the price target from $3 to $3.4.
August 22, 2023 | 1:27 pm
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Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on Gevo and raised the price target from $3 to $3.4, which could potentially increase investor confidence and drive the stock price up.
The 'Buy' rating maintained by Stifel indicates a positive outlook for Gevo. The increase in price target from $3 to $3.4 suggests that the analyst sees potential for the stock's value to increase. This could potentially lead to increased investor confidence and a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100