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Enter Symbol:
 
Westport Innovations Inc (WPRT) [hlAlert]

Rating:
Sector Outperform
WPRT
down 88.66 %

Westport Innovations Inc (WPRT) rated Sector Outperform by CIBC Wrld Mkts

Posted on: Tuesday,  Oct 2, 2012  9:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Sector Outperform Westport Innovations Inc (NASDAQ: WPRT) on 10/02/2012, when the stock price was $29.28.
Since then, Westport Innovations Inc has lost 88.66% as of 12/28/2015's recent price of $3.32.
If you would have followed this CIBC Wrld Mkts's recommendation on WPRT, you would have lost 88.66% of your investment in 1182 days.

Westport Innovations Inc. is involved in the research and development of environmental technologies, including high-pressure direct injection combustion technology that allows diesel engines to operate on cleaner burning gaseous fuels, such as natural gas without sacrificing performance or fuel economy. It also has a joint venture interest in Cummins Westport Inc. (CWI), which is a joint venture with Cummins Inc. (Cummins). CWI develops, supports and markets a product line of low-emission, high performance engines and ancillary products using intellectual property developed by the Company and Cummins. It has four business units: CWI, which is focused on natural gas engine applications for urban fleets ranging from 5.9 liters to 8.9 liters; Westport Heavy Duty, focused on liquid natural gas systems for heavy-duty trucks; Juniper Engines Inc., which is focused on two liters and 2.4 liters industrial engines, and Weichai Westport Inc., focused on developing heavy-duty engines in China.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/2/2012 9:25 AM Buy
None
29.28
as of 12/31/2012
1 Week up  0.14 %
1 Month up  1.75 %
3 Months down  -8.77 %
1 YTD down  -8.77 %

(*) Stock Price at the time of the recommendation.
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