Westport Innov (WPRT) Gets a Buy Rating from Oppenheimer


Oppenheimer analyst Colin Rusch maintained a Buy rating on Westport Innov (NASDAQ: WPRT) today. The company’s shares opened today at $3.60.

According to TipRanks.com, Rusch is a 4-star analyst with an average return of 11.4% and a 50.0% success rate. Rusch covers the Industrial Goods sector, focusing on stocks such as Capstone Turbine Corp, Amer Superconductor, and Canadian Solar Inc.

Westport Innov has an analyst consensus of Moderate Buy.

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Based on Westport Innov’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $4.91 million. In comparison, last year the company had a net profit of $32.27 million.

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Westport Fuel Systems, Inc. engages in the manufacture of alternative fuel systems and components. It operates through the following business segments: Transportation, CWI Joint Venture and Corporate.

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