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Solid Power initiated with a Buy at H.C. Wainwright

H.C. Wainwright analyst Amit Dayal initiated coverage of Solid Power (SLDP) with a Buy rating and $7 price target Solid is a U.S.-based advanced battery technology company focused on commercializing electrolytes for solid-state batteries, the analyst tells investors in a research note. The firm says the company’s “differentiated” technology is designed to materially improve battery cell performance, delivering step-change gains in energy density, safety, and efficiency.

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