The Globe and Mail reports in its Thursday, Aug. 14, edition that RBC Capital Markets analyst Christopher Dendrinos continues to rank Westport Fuel Systems "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Dendrinos knocked his share target back by a buck to $3 (all figures U.S.). Analysts on average target the shares at $4.42. Mr. Dendrinos says in a note: "Focus is on the next stage for the business. Westport Fuel Systems completed the divestiture of its light-duty segment, enabling a strategic focus on heavy-duty transportation, hydrogen-related opportunities primarily in China, and a pivot to developing CNG tech. Cost and operating efficiency efforts continue with plans to localize and streamline manufacturing and accelerate market entry." The Globe reported on April 2 that Mr. Dendrinos had reiterated his "sector perform" recommendation for Westport Fuel Systems when it could be had for $3.40.
© 2026 Canjex Publishing Ltd. All rights reserved.