Roth MKM Reiterates Buy on Aspen Aerogels, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Chip Moore has reiterated a Buy rating on Aspen Aerogels (NYSE:ASPN) and increased the price target from $22 to $28.

May 03, 2024 | 2:16 pm
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Roth MKM analyst Chip Moore reiterates a Buy rating on Aspen Aerogels and raises the price target from $22 to $28.
The reiteration of a Buy rating combined with an increased price target from a reputable analyst suggests a strong bullish sentiment towards Aspen Aerogels. This is likely to positively influence investor perception and could lead to a short-term increase in the stock price, as market participants may adjust their positions based on the new price target and the analyst's confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100