Cowen & Company Initiates Clean Diesel Technologies At Outperform

Analysts at Cowen & Company initiated coverage on Clean Diesel Technologies Inc. (NASDAQ: CDTI) with a Outperform rating.

The target price for Clean Diesel Technologies is set to $3.

Clean Diesel Technologies shares have dropped 31.14% over the past 52 weeks, while the S&P 500 index has surged 14.00% in the same period.

Clean Diesel Technologies' shares rose 14.57% to $2.28 in pre-market trading.