Stifel Maintains Buy on Gevo, Lowers Price Target to $2.2
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has maintained a Buy rating on Gevo Inc. (NASDAQ:GEVO) but has reduced the price target from $3.6 to $2.2.

November 27, 2023 | 6:04 pm
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Stifel analyst Derrick Whitfield maintains a Buy rating on Gevo Inc. but lowers the price target to $2.2 from $3.6.
While the Buy rating indicates continued confidence in Gevo's potential, the reduction in price target may suggest a reassessment of the company's near-term growth prospects or market conditions. This could lead to mixed reactions in the short term, as investors weigh the positive rating against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100