UBS Maintains Neutral on Gevo, Lowers Price Target to $0.85
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta has maintained a Neutral rating on Gevo (NASDAQ:GEVO) and reduced the price target from $1.36 to $0.85.
April 10, 2024 | 3:28 pm
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UBS analyst Manav Gupta maintains a Neutral rating on Gevo and lowers the price target from $1.36 to $0.85.
The reduction in price target by a significant margin suggests a bearish outlook on the stock's short-term performance. Given the direct impact of analyst ratings and price targets on investor sentiment, this adjustment is likely to exert downward pressure on Gevo's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100