BMO Capital Maintains Market Perform on Lithium Americas, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Joel Jackson has maintained a Market Perform rating on Lithium Americas (NYSE:LAAC) but has reduced the price target from $7.5 to $7.
November 21, 2023 | 6:20 pm
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BMO Capital has lowered the price target for Lithium Americas from $7.5 to $7 but maintained a Market Perform rating.
The reduction in price target by BMO Capital suggests a less optimistic valuation of Lithium Americas, which could lead to a negative short term sentiment among investors and potentially a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100