B. Riley Securities Maintains Buy on Piedmont Lithium, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Matthew Key maintains a Buy rating on Piedmont Lithium (NASDAQ:PLL) but lowers the price target from $26 to $20.

August 12, 2024 | 4:12 pm
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B. Riley Securities analyst Matthew Key maintains a Buy rating on Piedmont Lithium but lowers the price target from $26 to $20.
The Buy rating suggests continued confidence in Piedmont Lithium's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100