Goldman Sachs initiated coverage of Arcadium Lithium with a Neutral rating and $4.30 price target. With “global optionality” on the largest lithium resource base among Goldman’s coverage, Arcadium is well positioned for the longer term, the analyst tells investors in a research note. However, the firm sees risk to projects on execution and cash flow as well as increased complexity for the company.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALTM:
- Arcadium Lithium initiated with an Outperform at RBC Capital
- Arcadium Lithium price target lowered to $3.75 from $5 at Piper Sandler
- Arcadium Lithium price target lowered to $5.50 from $6 at BMO Capital
- Regulatory Disclosure Risks: Arcadium Lithium Plc’s Challenge to Investor Confidence and Stability
- This Week in Lithium: China Limits Battery Capacity; Global Production Push Continues
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue