Innio N.V. ( NASDAQ:INIO – Get Free Report )’s share price gapped up prior to trading on Thursday . The stock had previously closed at $18.71, but opened at $21.04. Innio shares last traded at $19.3020, with a volume of 1,299,028 shares.
Analyst Upgrades and Downgrades A number of research analysts recently weighed in on the stock. The Goldman Sachs Group started coverage on shares of Innio in a research report on Monday, June 29th. They set a “buy” rating and a $42.00 price target on the stock. Royal Bank Of Canada upgraded Innio from a “sector perform” rating to an “outperform” rating and lowered their price objective for the company from $39.00 to $35.00 in a research note on Thursday, July 30th. Morgan Stanley initiated coverage on Innio in a research report on Monday, June 29th. They set an “overweight” rating and a $47.00 target price on the stock. Robert W. Baird set a $37.00 price target on shares of Innio in a report on Wednesday, July 29th. Finally, Wall Street Zen raised Innio to a “hold” rating in a research note on Saturday, June 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating an...