Aduro Clean Technologies: Buy Rating with PT Raised to $48 by D. Boral Capital

Aduro Clean Technologies: Buy Rating with PT Raised to $48 by D. Boral Capital

Shares of Aduro Clean Technologies Inc. (NASDAQ:ADUR) experienced a notable decline on Wednesday, August 21, 2025, falling by 4.8% during mid-day trading. The stock traded as low as $10.01 and last traded at $10.41, with a total of 217,662 shares changing hands, a decrease of 11% from the average session volume [1].

Despite the drop in stock price, institutional investors have shown significant interest in Aduro Clean Technologies. NewEdge Advisors LLC increased its holdings by 21,000.0% during the second quarter, and other institutional investors such as Simplex Trading LLC, Raymond James Financial Inc., Geode Capital Management LLC, and Citadel Advisors LLC also made notable purchases [1].

On Wednesday, June 11, 2025, D. Boral Capital raised its target price on Aduro Clean Technologies from $50.00 to $48.00 and maintained a "buy" rating on the stock. This move comes as the company continues to develop patented water-based technologies to chemically recycle waste plastics, convert heavy crude and bitumen into lighter, more valuable oil, and transform renewable oils into higher-value fuels or renewable chemicals [1].

The company's 50-day moving average price is $10.67, and its 200-day moving average price is $7.56. Aduro Clean Technologies has a market capitalization of $339.69 million and a price-to-earnings (PE) ratio of -44.36 [1].

References:
[1] https://www.marketbeat.com/instant-alerts/aduro-clean-technologies-nasdaqadur-shares-down-48-time-to-sell-2025-08-21/