PureCycle Technologies shares are trading higher after Cantor Fitzgerald initiated coverage on the stock with an Overweight rating and announced a price target of $14.
Portfolio Pulse from Benzinga Newsdesk
PureCycle Technologies shares rose after Cantor Fitzgerald initiated coverage with an Overweight rating and set a price target of $14.
October 18, 2024 | 2:53 pm
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POSITIVE IMPACT
PureCycle Technologies shares increased following Cantor Fitzgerald's initiation of coverage with an Overweight rating and a $14 price target.
The initiation of coverage by a reputable firm like Cantor Fitzgerald with an Overweight rating and a specific price target of $14 is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100