Roth Capital Initiates Pacific Ethanol At Buy

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Analysts at Roth Capital initiated coverage on shares of Pacific Ethanol, Inc. (NASDAQ: PEIX) with a Buy rating. The target price for Pacific Ethanol is set to $16. Pacific Ethanol shares have jumped 114.09% over the past 52 weeks, while the S&P 500 index has gained 12.67% in the same period.Pacific Ethanol's shares climbed 5.91% to close at $10.94 on Friday.

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