Keybanc Maintains Overweight on Arcadium Lithium, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Arcadium Lithium (NYSE:ALTM) but lowered the price target from $13 to $12.

February 26, 2024 | 5:12 pm
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NEUTRAL IMPACT
Arcadium Lithium's Overweight rating is maintained by Keybanc, but the price target is reduced from $13 to $12.
The maintenance of an Overweight rating suggests a positive outlook on Arcadium Lithium by Keybanc, indicating confidence in the company's future performance. However, the reduction in the price target could reflect a reassessment of the company's short-term growth potential or market conditions, potentially leading to mixed reactions in the short term. The overall impact is considered neutral as the positive rating is counterbalanced by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100