HSBC Maintains Hold on Lithium Americas, Lowers Price Target to $5.1
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Santhosh Seshadri maintains a Hold rating on Lithium Americas (NYSE:LAC) and lowers the price target from $6.5 to $5.1.
April 19, 2024 | 6:14 pm
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NEGATIVE IMPACT
HSBC maintains a Hold rating on Lithium Americas and lowers the price target from $6.5 to $5.1.
The reduction in price target by HSBC suggests a bearish outlook on Lithium Americas' stock in the short term, potentially leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100