TD Cowen raised the firm’s price target on PureCycle Technologies (PCT) to $15 from $10 and keeps a Buy rating on the shares. The firm pdated its model following the release of its Q4 10-Q filing. Cowen remains constructive on the business following 3Q24 operational milestones and sees significant commercial opportunity in the fiber film and injection molding markets beginning to take shape in FY25.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
