Insituform Technologies Up 7.2% After Wedbush Initiates Coverage (INSU)

Shares of Insituform Technologies, Inc. INSU are currently up 7.2% at $28.65 per share during Wednesday afternoon trading. The stock price increased after Wedbush initiated coverage of the company with a rating of Outperform. Today's trading range for shares of Insituform Technologies, Inc has been between $26.91 and a 52-week high of $29.17 per share. The consensus price target of analysts covering the company's stock is $30.93 per share. Volume of 338,000 shares is already above the daily average volume of 287,000 shares. Insituform Technologies, Inc. (INSU) is a leading worldwide provider of proprietary technologies and services for rehabilitating sewer, water, energy and mining piping systems and the corrosion protection of industrial pipelines. Read more from Benzinga's Company news.