A Lehman Brothers analyst upgraded shares of ethanol producers Aventine Renewable Energy Holdings Inc. and VeraSun Energy Corp. Thursday, saying flat corn prices, impending alternative energy legislation and a narrower spread between the cost of ethanol and gasoline could lift the shares as much as 50 percent in the next three months.
Both stocks are trading near annual lows, with VeraSun shares down 24.8 percent since July 11, and Aventine shares off 25.3 percent.... MORE from Forbes
