Roth Capital Starts Quest Resource (QRHC) at Buy

Roth Capital initiates coverage on Quest Resource (NASDAQ: QRHC) with a Buy rating and a price target of $1.65.

Analyst Gerry Sweeney commented, "We initiate coverage on Quest Resource with a Buy rating and $1.65 price target. Quest is an asset-light recycling and sustainability company serving multiple industries. The company aggregates multiple waste streams to gain economies of scale where it can then use pricing power to distribute material to third party partners for handling. Further, the company can track, record and analyze data and shipments for efficiency and evolving regulatory requirements. Our Buy rating is supported by the following key points."

For an analyst ratings summary and ratings history on Quest Resource click here. For more ratings news on Quest Resource click here.

Shares of Quest Resource closed at $1.11 yesterday.

You May Also Be Interested In

• Bernstein SocGen Group Starts Terawulf Inc. (WULF) at Outperform
• Northland Starts T1 Energy Inc. (TE) at Outperform
• Freedom Broker Starts Carnival Corporation (CCL) at Buy