The Latest Analyst Ratings for Lithium Americas
Portfolio Pulse from Benzinga Insights
Lithium Americas (NYSE:LAC) has received mixed analyst ratings in the last quarter, with 1 bullish, 1 somewhat bullish, and 2 indifferent ratings. The average 12-month price target from 4 analysts is $12.25, a significant decrease from the previous target of $25.00, indicating a potential 51.0% decrease in stock value. Analysts base their ratings on financial predictions and company performance metrics.
December 11, 2023 | 3:00 pm
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NEGATIVE IMPACT
Analysts have given Lithium Americas mixed ratings with an average price target of $12.25, which is a 51.0% decrease from the previous target of $25.00.
The significant reduction in the average price target suggests that analysts expect a potential decrease in Lithium Americas' stock price. This bearish outlook, based on financial forecasts and company performance, could influence investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100