JP Morgan Maintains Neutral on Livent, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Eric Joseph has maintained a Neutral rating on Livent (NYSE:LTHM) and reduced the price target from $25 to $15.
November 29, 2023 | 12:07 pm
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JP Morgan analyst Eric Joseph maintained a Neutral rating on Livent but lowered the price target from $25 to $15, indicating a potential downside or limited upside.
The reduction in price target by a major analyst like JP Morgan suggests a reassessment of Livent's valuation, which could lead to a negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100