H.C. Wainwright lowered the firm’s price target on Westport (WPRT) to $7 from $22 and keeps a Buy rating on the shares. The firm cites the company’s divestiture of its interest in Westport Fuel Systems Italia for the target cut.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WPRT:
- Westport Fuel Systems Refocuses Strategy with Divestiture and Board Changes
- Westport Fuel Systems’ Strategic Shift Amid Earnings Call
- Westport Fuel Systems Reports 2024 Financial Results
- Westport Fuel Systems Reports Transformative Year and Strategic Divestiture Plans
- Westport Fuel Systems to Divest Light-Duty Segment for Strategic Focus