Mizuho Maintains Neutral on Livent, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Roberts has maintained a Neutral rating on Livent (NYSE:LTHM) but increased the company's price target from $15 to $20.

December 28, 2023 | 12:10 pm
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Mizuho has maintained a Neutral rating on Livent but raised the price target from $15 to $20, indicating a positive outlook on the stock's value.
The increase in price target by Mizuho suggests an improved outlook on Livent's valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that Mizuho does not see significant momentum or changes in fundamentals that would justify an upgrade to a Buy rating at this time.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100