Zacks Investment Research downgraded shares of VERTEX ENERGY (VTNR) from OUTPERFORM to NEUTRAL on May 27, 2014, with a target price of $9.50.
Vertex Energy Inc, formerly World Waste Technologies Inc, is a development-stage company formed to develop, design, build, own and operate facilities, which employ systems and technologies designed to profitably convert municipal solid waste into usable commodities and products. The Company focuses its efforts on the utilization of one or more gasification technologies that will generate various renewable energy products from MSW and other waste streams. Based in Cupertino, California, Vertex Energy also operates as a consolidator, refiner, and re-refiner of petroleum streams in the United States. Its petroleum streams include used oil, transmix, fuel oils, and off-specification commercial chemical products.
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