BMO Capital Maintains Outperform on Sigma Lithium, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Joel Jackson maintains an Outperform rating on Sigma Lithium (NASDAQ:SGML) but lowers the price target from $38 to $30.
March 27, 2024 | 1:58 pm
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Sigma Lithium's Outperform rating is maintained by BMO Capital, though its price target is reduced from $38 to $30.
The maintenance of an Outperform rating suggests a positive outlook on Sigma Lithium by BMO Capital, despite the reduction in price target. This mixed signal could lead to neutral short-term price movement as investors weigh the positive rating against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100