Solid Power (SLDP) Receives Buy Recommendation from HC Wainwright & Co. with 126.67% Upside Potential

HC Wainwright & Co. initiates coverage of Solid Power (SLDP) with a Buy recommendation. The average one-year price target for Solid Power is $7.14/share, an increase of 126.67% from its latest closing price of $3.15/share. The projected annual revenue is 54MM, a 202.55% increase, and the projected annual non-GAAP EPS is -0.01. There are 224 funds or institutions reporting positions in Solid Power, with an average portfolio weight of 0.29%.