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康托(Cantor)将公司评为超重,PureCycles科技公司股价上涨

2024-10-18 20:01

  • PureCycle Technologies (NASDAQ:PCT) shares rose 4% in premarket trade as Cantor rated the firm at Overweight with a price target of $14.
  • Cantor said the firm will benefit from a differentiated technology, first-mover advantage with a large TAM, and the ability to scale up.
  • "The technology is a unique process that removes odor and color from plastic waste. More importantly, it is more energy-efficient and has a higher recycling rate than chemical and mechanical recycling," Cantor said.
  • Cantor added, that it is significant, as Polypropylene is one of the most used plastics in the world, but has one of the lowest recycling rates.
  • SA quant and SA analysts rate the company at Hold.
  • Shares in the company leaped 146.4% since the start of the year.

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