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Fly News Breaks for September 30, 2019
Sep 30, 2019 | 09:01 EDT
Craig-Hallum analyst Eric Stine believes a major overhang has been removed with the announced settlement between Westport Fuel Systems and the SEC which fully resolves the FCPA investigation underway since mid-2017, healthy business, future catalysts and shares trading below the value of its auto business and CWI joint venture alone. The analyst reiterates a Buy rating and $7 price target on the stock.
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