Why Gevo Stock Is Jumping Today
Renewable energy stock Gevo (NASDAQ: GEVO) popped Tuesday morning, gaining 13% as of 10:35 a.m. An analyst believes the shares could almost double from here.
Stifel has initiated coverage on Gevo, giving it a buy rating with a price target of $10. With shares trading just short of $5.25 when Stifel's research note came out, the stock was bound to fly high today.
Stifel is optimistic about three things at Gevo:
Source Fool.com
