A Closer Look at 7 Analyst Recommendations For Arcadium Lithium
Portfolio Pulse from Benzinga Insights
Analysts have recently evaluated Arcadium Lithium (NYSE:ALTM) with mixed sentiments, ranging from bullish to bearish. The average 12-month price target has decreased by 24.52% to $5.51. Key analysts from firms like Keybanc, Scotiabank, and Goldman Sachs have lowered their price targets, reflecting a negative shift in sentiment. Despite challenges, Arcadium Lithium shows strong profitability and effective cost control.
August 09, 2024 | 2:00 pm
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Arcadium Lithium (NYSE:ALTM) has seen a negative shift in analyst sentiment, with the average 12-month price target decreasing by 24.52% to $5.51. Key analysts have lowered their price targets, reflecting concerns over recent performance. Despite this, the company maintains strong profitability and effective cost control.
The decrease in the average price target and the lowering of ratings by key analysts indicate a negative short-term outlook for Arcadium Lithium. However, the company's strong profitability and effective cost control provide some positive aspects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100