Roth/MKM Reiterates Buy Rating on Aspen Aerogels (ASPN)
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August 20, 2024 12:29 PM EDT
B.Riley analyst Christopher Souther reiterated a Buy rating and $35.00 price target on Aspen Aerogels (NYSE: ASPN).
The analyst commented: "Aspen Aerogels announced steps to enhance liquidity and better position itself for the potential DOE loan. The company closed on a $125M term loan facility and a... More
August 20, 2024 11:36 AM EDT
(Updated - August 20, 2024 11:37 AM EDT)
TD Cowen analyst Jeffrey Osborne raised the price target on Aspen Aerogels (NYSE: ASPN) to $41.00 (from $36.00) while maintaining a Buy rating.
The analyst commented: "Aspen completed financing with MidCap Financial which provides financial flexibility, removes convert... More
August 19, 2024 4:30 PM EDT
Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that it has closed on a $125 million term loan facility and $100 million capacity asset-based revolving credit facility with MidCap Financial, a leading commercial finance company managed by Apollo Capital Management, L.P., focused on middle market transactions. The collateral structure of this agreement excludes the assets of... More
