• Benchmark analyst Robert Wasserman downgraded AeroClean Technologies Inc (NASDAQ: AERC) to Hold from Buy, without a price target.

  • The analyst notes that despite a poor overall market outlook, the company’s shares have quickly reached and exceeded earlier price targets.

  • Wasserman downgraded the rating on AERC at this time due to share price and market volatility.

  • AeroClean hired Jimmy Thompson as Vice President of Strategic Sales last week. Thompson’s prior experience includes key sales positions at Cerner Corp (NASDAQ: CERN), General Electric Co’s (NYSE: GE) GE Healthcare, SIMS Portex, and Baptist Hospital in Nashville, TN.

  • The new hire announcement follows closely on the heels of the company’s announcement of FDA marketing approval for its Pūrgo air purification device.

  • Related: Why AeroClean Shares Are Jumping Today

  • Price Action: AERC shares are trading lower by 17.62% at $14.21 on the last check Tuesday.

Latest Ratings for AERC






Feb 2022


Initiates Coverage On

Speculative Buy

View More Analyst Ratings for AERC

View the Latest Analyst Ratings

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  • Why AeroClean Shares Are Jumping Today

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