Amprius Technologies price target raised to $14 from $10 at Roth Capital

Roth Capital raised the firm’s price target on Amprius Technologies (AMPX) to $14 from $10 and keeps a Buy rating on the shares. The firm is positive on the company’s prudent approach to scale up, also expecting demand for Amprius’s leading energy-density solutions to grow significantly in the coming years, the analyst tells investors in a research note. Roth adds that it continues to see potential for catalysts, including achievement of milestones, production qualification of new tolling capacity, and new product, customer, and partnership announcements.