Tag Archives: codexis

Codexis (CDXS) Beats Estimates, Shares Surge

Shares of Codexis (CDXS) surged on Friday after the company beat analyst estimates.  The company nearly hit the breakeven point for the quarter posting a loss of .01 (vs the analyst estimate for a .05/share loss) on revenues  of $29.8 million (vs the estimate for $27.3 million).  That’s a big improvement over the .15/share loss they reported a year ago.  Revenues jumped 23% over the year ago period.  The company still expects $120 million … Read the rest

Morning Analyst Ratings: YGE, GPRE, CDXS

Jefferies is out reiterating its Buy rating on shares of Yingli Green Energy (YGE) and has a $17 price target (more than 60% higher than current levels).  The firm views YGE as a top solar player.  Shares aren’t moving on the Buy reiteration in pre-market trading.

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Piper Jaffray upgraded shares of Codexis (CDXS) to Overweight from Neutral and raised the price target to $12 from … Read the rest