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Evolution Metals & Technologies initiated with a Buy at Clear Street

Clear Street analyst Tim Moore initiated coverage of Evolution Metals & Technologies with a Buy rating and $30 price target The firm, which thinks Evolution Metals can become a disruptor in the critical metals U.S. industry and leading turnkey midstream separator, refining processor, and recycler, warns that the stock has “above-average risks,” including the financing need to build U.S. operations.

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