Rodman & Renshaw Maintains Mission NewEnergy Market Perform

Rodman & Renshaw maintained its Mission NewEnergy

Market Perform rating in a research report published today. In the report, Rodman & Renshaw states, "We believe multiple expansion for MNEL in the near term should be driven by execution on their recent contract win and participation in the Malaysian mandate." Shares of Mission NewEnergy were trading at $4.04 at the time of posting, down 6.04% from Tuesday's market close.