Renewable Energy Group Inc (REGI) Upgraded to Strong-Buy at Zacks Investment Research

March 9th, 2016 – By 0 comments

Renewable Energy Group Inc (NASDAQ:REGI) was upgraded by Zacks Investment Researchfrom a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday, Marketbeat reports. The brokerage currently has a $9.50 price target on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 14.32% from the stock’s current price.

According to Zacks, “Renewable Energy Group Inc. is a biodiesel manufacturer and marketer. The Company is focused on converting natural fats, oils and greases into biodiesel. It sells REG-9000 biodiesel to distributors throughout the United States. Renewable Energy Group Inc. is headquartered in Ames, Iowa.”

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