Meta Materials initiated with a Buy at Alliance Global Partners

Alliance Global Partners analyst Jake Sekelsky initiated coverage of Meta Materials with a Buy rating and $2 price target. Meta is focused on developing and producing functional next-generation materials for target markets that include, but are not limited to, 5G, consumer electronics, clean energy, batteries, automotive, health, aerospace, and banknote security, said AGP. Battery materials technology places Meta "at the forefront of the energy transition space," while its broad portfolio "provides multiple shots on goal," the firm tells investors.