HC Wainwright & Co. Maintains Buy on Aspen Aerogels, Lowers Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Amit Dayal maintains a 'Buy' rating on Aspen Aerogels (NYSE:ASPN) but lowers the price target from $45 to $30.
August 04, 2023 | 3:06 pm
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NEGATIVE IMPACT
Aspen Aerogels' price target has been lowered from $45 to $30 by HC Wainwright & Co., though the 'Buy' rating is maintained.
The lowering of the price target by HC Wainwright & Co. could potentially lead to a negative sentiment among investors, possibly causing a short-term decrease in Aspen Aerogels' stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100