Chardan Capital Reiterates Buy on Li-Cycle Holdings, Maintains $8 Price Target
Portfolio Pulse from richadhand@benzinga.com
Chardan Capital analyst Brian Dobson has reiterated a 'Buy' rating on Li-Cycle Holdings (NYSE:LICY) and maintained an $8 price target.
August 04, 2023 | 9:38 am
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Chardan Capital has reiterated a 'Buy' rating on Li-Cycle Holdings and maintained an $8 price target.
The reiteration of a 'Buy' rating by Chardan Capital indicates their continued confidence in Li-Cycle Holdings. The maintained price target of $8 suggests that they believe the stock is undervalued at current prices. This could potentially lead to increased investor interest and upward pressure on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100