Deutsche Bank Upgrades Livent to Buy, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Corinne Blanchard has upgraded Livent (NYSE:LTHM) from Hold to Buy, but lowered the price target from $27 to $21.
October 25, 2023 | 8:51 am
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Livent has been upgraded to Buy by Deutsche Bank, indicating a positive outlook. However, the price target has been lowered from $27 to $21.
The upgrade to Buy suggests that Deutsche Bank sees potential in Livent's stock, which could lead to an increase in its price. However, the lowering of the price target might temper the potential gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100