PureCycle: Cantor Fitzgerald Raises PT to $16, Reiterates Overweight Rating

PureCycle: Cantor Fitzgerald Raises PT to $16, Reiterates Overweight Rating

Cantor Fitzgerald has recently raised its price target for PureCycle Technologies, Inc. (NYSE:PCN) to $16.00, while reiterating its overweight rating on the company. The latest update, provided on July 2, 2025, reflects the firm's bullish outlook on PureCycle's potential for growth and profitability.

PureCycle Technologies, a company specializing in recycling and purification of plastic waste, has been gaining attention for its innovative solutions in the sustainability sector. The company's ability to convert recycled plastic into high-quality materials has positioned it as a key player in the growing circular economy.

Cantor Fitzgerald's analysts believe that PureCycle's strategic initiatives, including its recent partnerships and expansions, will drive significant growth in the coming years. The firm's confidence in the company's execution and market positioning is reflected in the upward revision of the price target and the reiteration of the overweight rating.

The move by Cantor Fitzgerald is a notable endorsement of PureCycle's long-term prospects, particularly in light of the increasing global focus on waste management and sustainability. Investors looking to capitalize on the growing demand for recycled materials may find PureCycle Technologies an attractive investment opportunity.

For more details, see the Cantor Fitzgerald stock recommendations page [1].

References:
[1] https://www.marketbeat.com/ratings/by-issuer/cantor-fitzgerald-stock-recommendations/