tiprankstipranks
Trending News
More News >

Aspen Aerogels price target lowered to $9 from $11 at TD Cowen

TD Cowen lowered the firm’s price target on Aspen Aerogels (ASPN) to $9 from $11 and keeps a Buy rating on the shares. Soft Q1 results and Q2 guidance turn “2025 into a transition year on further EV production weakness,” the analyst tells investors. However, the firm’s one to three year U.S. EV demand view is “still more constructive than consensus” and while it is reducing estimates it still likes the risk/reward post pullback, the analyst added.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue