Arq price target lowered to $9 from $10 at Canaccord

Canaccord lowered the firm’s price target on Arq (ARQ) to $9 from $10 and keeps a Buy rating on the shares. The firm noted they proved an update on the GAC transitionwhich was good news but lowered its target due to an unanticipated capex required for the GAC facility transition.

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