Metabolix, Inc. (MBLX) Maintains Market Weight Rating
By Benzinga Staff
March 19, 2010 1:47 PM
March 19, 2010 1:47 PM
Analyst Jeff Osborne at Thomas Weisel Partners has released an update on Metabolix, Inc. (NASDAQ: MBLX).
Thomas Weisel met with the company’s management on Thursday during its Boston area Clean Tech Bus Tour. Management at Metabolix highlighted during the meeting the progress that has been made over the last several years from conception to initial production at the Clinton, IA facility. Thomas Weisel believes that the key for long-term investors in the company remain the timing, scope and financing of any potential expansion in Clinton.
Thomas Weisel Partners has maintained its Market Weight rating for Metabolix, Inc. It has set a 12-month price target of $12 for the company’s stock.
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