Macquarie Downgrades Piedmont Lithium to Neutral, Announces $9.3 Price Target
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Hayden Bairstow has downgraded Piedmont Lithium (NASDAQ:PLL) from Outperform to Neutral and set a price target of $9.3.
August 12, 2024 | 10:41 am
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Macquarie analyst Hayden Bairstow downgraded Piedmont Lithium from Outperform to Neutral and set a price target of $9.3.
The downgrade from Outperform to Neutral by a reputable analyst and the setting of a price target lower than the current market price is likely to negatively impact investor sentiment and the stock price in the short term.
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