WPRTRBC Capital Maintains Sector Perform on Westport Fuel Systems, Lowers Price Target to $1
RBC Capital analyst Christopher Dendrinos maintains Westport Fuel Systems (NASDAQ:WPRT) with a Sector Perform and lowers the price target from $1.75 to $1.
Stocks · News reference
Westport Fuel Systems Enters Securities Purchase Agreement For 4,854,369 Shares Or Pre-Funded Warrants And A Concurrent Private Placement Of Warrants To Purchase Up To 4,854,369 Shares At $2.06 Per Unit
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Westport Fuel Systems Q2 EPS $(0.64) Misses $(0.35) Estimate, Sales $2.717M Beat $2.227M Estimate
Westport Fuel Systems (NASDAQ:WPRT) reported quarterly losses of $(0.64) per share which missed the analyst consensus estimate of $(0.35) by 82.86 percent. This is a 67.68 percent increase over losses of $(1.98) per
Westport Publishes Annual General and Special Meeting Results
Westport Fuel Systems Inc. held its Annual General and Special Meeting of Shareholders on June 30, 2026, in a virtual format. Shareholders approved all resolutions presented, including the election of all six nominated directors, appointment of Deloitte LLP as auditors, an advisory vote on executive compensation, and a corporate name change. Director elections received approval ranging from 91.26% to 92.17%, while the auditor appointment received 97.82% approval.
Westport Announces US$10 Million Registered Direct Offering and Concurrent Private Placement Priced At-The-Market Under Nasdaq Rules
Westport Fuel Systems announced a US$10 million registered direct offering of 4,854,369 common shares at US$2.06 per share, along with concurrent private placement warrants exercisable at the same price for two years. The company plans to use net proceeds for working capital and general corporate purposes. The offering is expected to close on June 23, 2026.