UBS Maintains Neutral on Gevo, Lowers Price Target to $1.36
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta has maintained a Neutral rating on Gevo Inc. (NASDAQ:GEVO) but has reduced the price target from $1.50 to $1.36.
December 13, 2023 | 3:20 pm
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NEGATIVE IMPACT
UBS analyst Manav Gupta maintains a Neutral stance on Gevo Inc. but lowers the price target from $1.50 to $1.36, indicating a potential downside compared to the previous target.
The reduction in price target by a prominent analyst like Manav Gupta suggests that UBS sees less upside potential for Gevo Inc., which could lead to a negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100