Latin Resources draws first tranche of Pilbara Minerals loan facility as scheme progresses
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Latin Resources has drawn A$5 million from its A$10 million loan facility with Pilbara Minerals as part of a Scheme Implementation Agreement. This agreement will see Pilbara Minerals acquire 100% of Latin Resources' securities. Meanwhile, analysts at Bank of America maintain a 'Buy' rating on Alphabet Inc, citing potential benefits from AI search enhancements.
November 19, 2024 | 10:30 am
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Bank of America analysts maintain a 'Buy' rating on Alphabet Inc, citing potential benefits from AI search enhancements. They have a $210 price target, with the stock closing at $176.80.
Analysts see AI search enhancements as a positive for Alphabet, potentially increasing search usage and monetization. This supports a 'Buy' rating and a price target above the current stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80