- Meatech 3D Ltd (NASDAQ:MITC) has initiated cultivated pork research and development activities, focusing on cell lines and technologies for the mass production of cultivated pork.
- Meatech’s porcine cellular agriculture, if developed, will expand its markets, as pork is currently the most consumed meat across the globe.
- Meatech is developing a range of cultured meat technologies, developing potential alternatives to conventional factory farming of beef, chicken, and pork.
- “Our goal is to lead the upcoming agricultural revolution by making tomorrow’s meat safe, plentiful, and sustainable,” said CEO Sharon Fima.
- Price action: MITC shares are trading higher by 4.39% at $7.14 on the last check Tuesday.
Truist Securities Maintains Buy on Permian Resources, Raises Price Target to $15
Truist Securities analyst Neal Dingmann maintains Permian Resources (NYSE:PR) with a Buy and raises the price target from $14 to $15.