Barclays lowered the firm’s price target on Aspen Aerogels (ASPN) to $25 from $27 and keeps an Overweight rating on the shares. The company reported “another impressive quarter” and a 50% raise to its 2024 EBITDA guide provide further evidence this is one of the best new energy stories, “and it’s just getting started,” the analyst tells investors in a research note.
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Read More on ASPN:
- Aspen Aerogels price target lowered to $31 from $36 at Roth MKM
- Aspen Aerogels price target lowered to $30 from $41 at TD Cowen
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- Aspen Aerogels price target lowered to $30 from $38 at Craig-Hallum