Roth MKM Reiterates Buy on Piedmont Lithium, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Joe Reagor has reiterated a Buy rating on Piedmont Lithium but has lowered the price target from $40 to $31.
October 30, 2024 | 5:22 pm
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Roth MKM has reiterated a Buy rating for Piedmont Lithium, but the price target has been reduced from $40 to $31, indicating a more cautious outlook.
The reiteration of a Buy rating suggests continued confidence in Piedmont Lithium's prospects, but the lowered price target reflects a more cautious stance on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100