Goldman Sachs does not share the positive investor reaction to Westport Innovations' (WPRT...

|About: Westport Fuel Systems, Inc. (WPRT)|By:, SA News Editor

Goldman Sachs does not share the positive investor reaction to Westport Innovations' (WPRT +2.5%) Q4 results, reiterating its Sell rating as profitability is limited by high distribution support requirements and the Cummins JV that accounts for nearly all WPRT's medium-term profits and cash flow is scheduled to end in 2021 with a buy-out option at 1.3x EBIT in 2019.