Piper Sandler Maintains Underweight on Arcadium Lithium, Lowers Price Target to $3.75
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert maintains an Underweight rating on Arcadium Lithium (NYSE:ALTM) and lowers the price target from $5 to $3.75.
June 25, 2024 | 1:34 pm
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Piper Sandler has maintained an Underweight rating on Arcadium Lithium and lowered the price target from $5 to $3.75, indicating a bearish outlook.
The lowered price target and maintained Underweight rating by Piper Sandler suggest a negative sentiment towards Arcadium Lithium's stock. This is likely to result in a short-term decline in the stock price as investors react to the bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100