B of A Securities Reinstates Buy on Sigma Lithium, Announces $37 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Murphy has reinstated Sigma Lithium (NASDAQ:SGML) with a Buy rating and set a price target of $37.
December 06, 2023 | 3:36 pm
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POSITIVE IMPACT
Sigma Lithium has been reinstated with a Buy rating by B of A Securities, with a price target of $37, indicating a positive outlook for the stock.
The reinstatement of a Buy rating and the establishment of a $37 price target by a reputable analyst like John Murphy could lead to increased investor confidence and a potential rise in SGML's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100