H.C. Wainwright lowered the firm’s price target on Gevo to $14 from $18 and keeps a Buy rating on the shares. The company’s Department of Energy loan application process could push out the timeline for Net-Zero 1 by 12-18 months, the analyst tells investors in a research note. The firm believes Gevo is continuing to invest in and progress the non-financial aspects of Net-Zero 1.
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Read More on GEVO:
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