AirJoule Technologies initiated with a Buy at Alliance Global Partners

Alliance Global Partners initiated coverage of AirJoule Technologies (AIRJ) with a Buy rating and $11 price target The clean technology company is developing and commercializing AirJoule, a technology that can produce dehumidified air and PFAS-free, distilled water from ambient air, notes the firm, which believes the technology “fits extremely well with global challenges relating to water scarcity and warming climates.” The company is targeting delivering pre-production units this year, setting up for initial commercial sales expected in 2026, the analyst noted.