TD Cowen lowered the firm’s price target on PureCycle Technologies to $8 from $12 and keeps an Outperform rating on the shares. The firm said they remain constructive on the company’s planned shutdown of Ironton to implement the needed process improvements required to achieve the upcoming milestone deadlines.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PCT:
- Tesla initiated, Kellanova upgraded: Wall Street’s top analyst calls
- PureCycle Technologies downgraded to Perform from Outperform at Oppenheimer
- PureCycle Technologies provides Q3 update
- PureCycle Technologies makes first commercial shipment to Milliken
- PureCycle Technologies options imply 21.4% move in share price post-earnings
