BMO Capital Maintains Outperform on Sigma Lithium, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Joel Jackson maintains an Outperform rating on Sigma Lithium (NASDAQ:SGML) but lowers the price target from $25 to $20.
August 19, 2024 | 2:31 pm
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BMO Capital has maintained its Outperform rating for Sigma Lithium but has reduced the price target from $25 to $20, indicating a more cautious outlook.
The reduction in the price target from $25 to $20 suggests a more cautious outlook on Sigma Lithium's future performance, which could lead to a short-term negative impact on the stock price despite the maintained Outperform rating.
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