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Fly News Breaks for July 7, 2016
ASPN
Jul 7, 2016 | 06:40 EDT
After two years of underperformance, shares of Aspen Aerogels offer a good value opportunity for small cap investors, Citi analyst Michael Sabella tells investors in a research note. The market is making a mistake by associating Aspen with the broader downturn in energy since 80% of its revenue are exposed to global demand type end markets in refining, petrochemicals, and building materials, the analyst contends. He has a Buy rating on the shares with a $6 price target.
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