Roth MKM Maintains Buy on American Lithium, Lowers Price Target to $3.25
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Joe Reagor maintains a Buy rating on American Lithium (NASDAQ:AMLI) but lowers the price target from $5.5 to $3.25.
June 28, 2024 | 2:09 pm
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NEUTRAL IMPACT
Roth MKM analyst Joe Reagor maintains a Buy rating on American Lithium but lowers the price target from $5.5 to $3.25.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook on its near-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100