Lithium Americas shares are trading lower after Deutsche Bank downgraded the stock from Buy to Hold and lowered its price target from $25 to $7.
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has downgraded Lithium Americas from Buy to Hold and reduced its price target from $25 to $7, causing the company's shares to trade lower.
October 18, 2023 | 3:19 pm
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Lithium Americas' stock has been downgraded by Deutsche Bank, with a reduced price target, leading to a decrease in share price.
Deutsche Bank's downgrade from Buy to Hold and the significant reduction in price target from $25 to $7 indicates a less optimistic outlook for Lithium Americas. This has led to a decrease in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100