Alto Ingredients Inc (ALTO)

[sterlingkuning]

Zacks upgrades PEIX to "outperform" with $3 price target.
Quote:

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/