Canaccord Genuity Maintains Buy on The Elmet Group, Raises Price Target to $26
Canaccord Genuity analyst Austin Moeller maintains The Elmet Group (NASDAQ:ELMT) with a Buy and raises the price target from $21 to $26.
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The Elmet Group shares are trading higher after Canaccord Genuity raised its price target on the stock from $21 to $26.
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8-K filing — Elmet Group Co. (ELMT)
Filed: 2026-10-02 AccNo: 0001213900-26-106420 Size: 35 MB Item 7.01: Regulation FD Disclosure Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Elmet Group shares are trading higher after the company announced it has been awarded a contract valued at ~$36 million by the DLA to supply molybdenum and tungsten alloys and precision wire to the U.S. National Defense Stockpile.