RBC Capital Maintains Sector Perform on Westport Fuel Systems, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Chris Dendrinos has maintained a 'Sector Perform' rating on Westport Fuel Systems (NASDAQ:WPRT) but lowered the price target from $10 to $9.

March 27, 2024 | 2:26 pm
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RBC Capital maintains a 'Sector Perform' rating on Westport Fuel Systems but lowers the price target from $10 to $9.
The reduction in the price target by RBC Capital suggests a less optimistic outlook on the stock's future performance, which could lead to a negative short-term impact on its stock price. The maintenance of the 'Sector Perform' rating indicates that the analyst does not see significant downside or upside from the current levels, but the lowered price target could adjust market expectations downwards.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100