Piedmont Lithium price target raised to $14 from $9.50 at BMO Capital
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 30 2024
0mins
Should l Buy ?
Source: Yahoo Finance
Price Target Increase: BMO Capital raised Piedmont Lithium's price target from $9.50 to $14, maintaining a Market Perform rating due to the positive outlook on its merger with Sayona Mining, which simplifies ownership and enhances expansion potential.
Analyst Insights: The analyst believes that the merger is logical given the interconnectedness of their joint venture and views the risk of other parties entering the market as low.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
