Mizuho Maintains Neutral on Arcadium Lithium, Raises Price Target to $5.85
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Roberts maintains a Neutral rating on Arcadium Lithium (NYSE:ALTM) but raises the price target from $4.3 to $5.85.
October 10, 2024 | 12:39 pm
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POSITIVE IMPACT
Mizuho analyst John Roberts maintains a Neutral rating on Arcadium Lithium but raises the price target from $4.3 to $5.85, indicating a positive outlook on the stock's potential value.
The increase in price target from $4.3 to $5.85 suggests a positive outlook on Arcadium Lithium's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100