Chardan Capital Downgrades Li-Cycle Holdings to Neutral
Portfolio Pulse from Benzinga Newsdesk
Chardan Capital analyst Brian Dobson has downgraded Li-Cycle Holdings (NYSE:LICY) from Buy to Neutral, indicating a change in the firm's outlook on the stock.

November 16, 2023 | 11:32 am
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Li-Cycle Holdings was downgraded by Chardan Capital from Buy to Neutral, which may lead to a negative perception among investors and could impact the stock's performance in the short term.
Analyst ratings often influence investor sentiment and can lead to stock price movements. A downgrade from Buy to Neutral suggests that Chardan Capital sees less upside potential or higher risks associated with Li-Cycle Holdings, which could result in a decrease in investor confidence and a potential drop in the stock price in the short term.
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