InvestorsHub Logo
Followers 17
Posts 2148
Boards Moderated 0
Alias Born 09/08/2009

Re: griff100 post# 149306

Thursday, 09/22/2011 8:03:42 AM

Thursday, September 22, 2011 8:03:42 AM

Post# of 160314
Zacks upgrades PEIX to "outperform" with $3 price target.


The stock has been under pressure due to the probable reduction in the ethanol subsidy, which goes to the gasoline blenders and not to the ethanol producer. In our opinion the subsidy will be reduced but not eliminated. We are rating the stock “outperform” with a price target of $3.00.



http://www.dailymarkets.com/stock/2011/09/21/initiating-coverage-of-pacific-ethanol-as-outperform/

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.