Pacific Ethanol PEIX shares are trading higher on Tuesday after BWS Financial initiated coverage on the stock with a Buy rating and a price target of $20.50 per share.
Pacific Ethanol is a producer and marketer of renewable fuels. It owns and operates several ethanol production facilities distributed across the Western and Midwestern United States. The company operates across two segments: production and marketing.
Pacific Ethanol shares were trading up 7.52% at $8.29 on Tuesday. The stock has a 52-week high of $8.47 and a 52-week low of 22 cents.
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