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Arcadium Lithium initiated with a Neutral at Goldman Sachs

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.

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