Scotiabank Maintains Sector Perform on Lithium Americas, Lowers Price Target to $2.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Ben Isaacson has maintained a Sector Perform rating on Lithium Americas (NYSE:LAC) but has lowered the price target from $3 to $2.5.
October 18, 2024 | 3:36 pm
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Scotiabank has maintained its Sector Perform rating for Lithium Americas but reduced the price target from $3 to $2.5, indicating a less optimistic outlook.
The reduction in price target from $3 to $2.5 by Scotiabank suggests a less favorable view on the stock's short-term performance, likely leading to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100