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Aspen Aerogels price target raised to $36 from $30 at TD Cowen

TD Cowen raised the firm’s price target on Aspen Aerogels to $36 from $30 and keeps a Buy rating on the shares. The firm sees its Thermal Barrier capacity sold out by late 2026 making the company a strong DOE loan candidate with potential funds to support the Georgia plant restart while calling it a favoirite small/mid-cap idea.

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