March 9th, 2016 – By Jennifer Langley – 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.”
Read the entire story at: http://www.financial-market-news.com/renewable-energy-group-inc-regi-upgraded-to-strong-buy-at-zacks-investment-research/936743/