LiqTech price target lowered to $6 from $9 at Lake Street

Lake Street lowered the firm’s price target on LiqTech to $6 from $9 and keeps a Buy rating on the shares. The firm is adjusting its price target to reflect a higher share count from the recent $10M capital raise, which it says should give LiqTech “ample room to pursue its growth plans and to support working capital needs” in the oil and gas produced water segment.