Wednesday’s Midday Stock Update: Westport Fuel Systems (WPRT), Pacific Ethanol (PEIX), Shake Shack (SHAK), Renesola (SOL), Microvision (MVIS)

So far Wednesday, January 13, NASDAQ is up 2.03% and the S&P is up 0.72%. Let’s take a look at this morning’s most active stocks and their recent analyst insights; Westport Fuel Systems (WPRTResearch Report), Pacific Ethanol (PEIXResearch Report), Shake Shack (SHAKResearch Report), Renesola (SOLResearch Report) and Microvision (MVISResearch Report).

Westport Fuel Systems is up 9.97% in midday trading to $7.39. Shares opened today at $6.72. The company has a 52-week low of $0.70 and a 52-week high of $6.26. On the Street’s front, the average 12-month analyst price target for the stock is $3.50, marking a -47.92% potential downside from current levels. In a report issued on December 9, H.C. Wainwright analyst Amit Dayal maintained a Buy rating on WPRT, with a price target of $5.00, which reflects a potential downside of -26% from last closing price. Separately, on November 13, Cowen’s Jeff Osborne reiterated a Hold rating on the stock and has a price target of $2.50. In the last 30 days, insiders have sold $48.63K worth of WPRT shares and purchased $176.4K worth of WPRT shares. Over the last 3 months, the insider sentiment on Westport Fuel Systems has been neutral based on 79 corporate insider transactions. This sentiment is slightly lower than the average sector sentiment of insiders.

Pacific Ethanol is up 9.14% in midday trading to $7.64. Shares opened today at $7.00. The company has a 52-week low of $0.22 and a 52-week high of $11.44. On the Street’s front, the average 12-month analyst price target for the stock is $16.00, marking a 128.57% potential upside from current levels. In a report issued on December 21, H.C. Wainwright analyst Amit Dayal reiterated a Buy rating on PEIX, with a price target of $16.00, which implies an upside of 129% from current levels. Over the last 3 months, the insider sentiment on Pacific Ethanol has been negative based on 16 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

Shake Shack is up 9.05% in midday trading to $110.74. Shares opened today at $101.55. The company has a 52-week low of $30.01 and a 52-week high of $101.81. On the Street’s front, the average 12-month analyst price target for the stock is $82.15, marking a -19.10% potential downside from current levels. In a report released today, MKM Partners analyst Brett Levy maintained a Hold rating on SHAK, with a price target of $85.00, which implies a downside of 16% from current levels. Separately, on the same day, Loop Capital Markets’ Lynne Collier maintained a Buy rating on the stock and has a price target of $120.00. In the last 30 days, insiders have sold $4.75M worth of SHAK shares. Over the last 3 months, the insider sentiment on Shake Shack has been negative based on 63 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

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Renesola is down -8.26% in midday trading to $22.11. Shares opened today at $24.10. The company has a 52-week low of $0.85 and a 52-week high of $23.44. On the Street’s front, the average 12-month analyst price target for the stock is $12.00, marking a -50.21% potential downside from current levels. In a report issued on December 14, H.C. Wainwright analyst Amit Dayal assigned a Buy rating on SOL, with a price target of $12.00, which implies a downside of 50% from current levels. In the last 30 days, insiders have sold $52.64M worth of SOL shares. Over the last 3 months, the insider sentiment on Renesola has been negative based on 8 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

See today’s analyst top recommended stocks >>

Microvision is up 7.16% in midday trading to $5.99. Shares opened today at $5.59. The company has a 52-week low of $0.15 and a 52-week high of $9.74.

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