Ascent Solar initiated with a Buy at H.C. Wainwright

H.C. Wainwright initiated coverage of Ascent Solar (ASTI) with a Buy rating and $20 price target The company specializes in the design and production of lightweight, flexible thin-film photovoltaic solutions focused on niche, high- performance applications, the analyst tells investors in a research note. The firm says Ascent “stands at the nexus of renewable energy innovation and advanced aerospace applications.”