Largo Inc. price target lowered to $4.60 from $9 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Largo Inc. to $4.60 from $9 and keeps a Buy rating on the shares post the Q4 report. The reduced price target reflects updated long-term vanadium price projections, which have been adjusted in response to the recent decline in spot price, the analyst tells investors in a research note.