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Aqua Metals price target raised to $12 from $7 at Benchmark

Benchmark analyst Michael Legg raised the firm’s price target on Aqua Metals (AQMS) to $12 from $7 and keeps a Speculative Buy rating on the shares. Aqua Metals closed a $13M registered direct offering at $11.34 on October 20 through a private placement, notes the analyst, who cites improved liquidity and simplified execution visibility for the firm’s raised target.

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