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Aspen Aerogels price target lowered to $13 from $32 at Oppenheimer

Aspen Aerogels price target lowered to $13 from $32 at Oppenheimer

Oppenheimer lowered the firm’s price target on Aspen Aerogels (ASPN) to $13 from $32 and keeps an Outperform rating on the shares. With Aspen working through fluid end-market dynamics and resetting estimates, the firm is derisking its estimates to reflect a more conservative view on U.S. EV sales as the company bridges to a EU EV production ramp in Q4 2025/2026.

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