BMO Capital Maintains Market Perform on Piedmont Lithium, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Greg Jones maintains a Market Perform rating on Piedmont Lithium (NASDAQ:PLL) but lowers the price target from $28 to $15.
July 26, 2024 | 3:51 pm
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BMO Capital has maintained its Market Perform rating on Piedmont Lithium but significantly lowered the price target from $28 to $15, indicating a more cautious outlook.
The significant reduction in the price target from $28 to $15 by BMO Capital suggests a more cautious outlook on Piedmont Lithium's future performance. This is likely to negatively impact investor sentiment and the stock price in the short term.
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