Aspen Aerogels, Inc. Reports Fourth Quarter 2016 and Fiscal 2016 Financial Results and Recent Business Developments

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Go back to Aspen Aerogels, Inc. Reports Fourth Quarter 2016 and Fiscal 2016 Financial Results and Recent Business Developments

Aspen Aerogels (ASPN) PT Lowered to $6 at Needham & Company Following 4Q Report

February 24, 2017 5:48 AM EST

Needham & Company analyst Sean Hannan reiterates Buy rating and lowers price target on Aspen Aerogels Inc. (NYSE: ASPN) to $6 (from $8), suggesting a challenging year ahead, as the company reported 2016 fourth quarter revenues and EPS below consensus estimates, while margins dropped on lost... More