Zacks Investment Research downgraded shares of PAC ETHANOL INC (PEIX) from OUTPERFORM to NEUTRAL on December 10, 2012, with a target price of $0.40.
Pacific Ethanol, Inc. is currently in the business of marketing ethanol in the Western United States through Kinergy Marketing, a wholly-owned subsidiary of the Company and the largest West Coast-based marketer of renewable fuels. The Company intends, in the near future, to construct an ethanol production facility at its Madera County, California, site.
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