Piper Sandler Downgrades Livent to Neutral, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert has downgraded Livent (NYSE:LTHM) from Overweight to Neutral and lowered the price target from $33 to $19.
October 25, 2023 | 10:35 am
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NEGATIVE IMPACT
Livent's stock rating has been downgraded by Piper Sandler from Overweight to Neutral, with a reduced price target of $19, down from $33.
The downgrade from Overweight to Neutral by Piper Sandler, along with a significant reduction in the price target, indicates a less optimistic outlook for Livent. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100