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Piedmont Lithium downgraded to Neutral from Buy at Roth MKM

Piedmont Lithium downgraded to Neutral from Buy at Roth MKM

Roth MKM downgraded Piedmont Lithium (PLL) to Neutral from Buy with a price target of $13, down from $32, after Piedmont and Sayona Mining announced the signing of a definitive agreement to combine the two companies to create a lithium business, resulting in Sayona being the ultimate parent entity.

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