Piper Sandler Maintains Overweight on Li-Cycle Holdings, Lowers Price Target to $7
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler maintains an Overweight rating on Li-Cycle Holdings (NYSE:LICY) but lowers the price target from $10 to $7.
June 26, 2023 | 2:59 pm
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Piper Sandler maintains an Overweight rating on Li-Cycle Holdings (NYSE:LICY) but lowers the price target from $10 to $7.
Piper Sandler's lowered price target on Li-Cycle Holdings may cause short-term uncertainty among investors, but the maintained Overweight rating suggests that the stock is still expected to outperform the market. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100