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Aspen Aerogels price target lowered to $5 from $10 at Canaccord

Canaccord analyst George Gianarikas lowered the firm’s price target on Aspen Aerogels (ASPN) to $5 from $10 and keeps a Buy rating on the shares. The firm said with a solid balance sheet and minimal capital expenditure needs, liquidity is expected to remain healthy. And looking past 2026, they expect a return to healthy levels of EBITDA with material flow through to free cash flow.

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