Lake Street analyst Rob Brown initiated coverage of Birchtech (BCHT) with a Buy rating and $3 price target Lake Street believes investors are missing the potential of the emerging Water treatment business, which is seeing strong tailwinds from pending PFAS regulations, the analyst says in a research note. Birchtech has a strong foundation to support growth in the water with a stable business in air pollution control and a pending favorable legal judgement, the firm adds.
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