Deutsche Bank analyst Corinne Blanchard lowered the firm’s price target on SQM (SQM) to $31 from $35 and keeps a Hold rating on the shares post the Q3 report. The firm sees more downside pressure to come for lithium pricing.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SQM:
- SQM Reports Significant Financial Challenges in Q3 2024
- SQM Reports Growth Amid Lithium Market Dynamics
- Options Volatility and Implied Earnings Moves Today, November 20, 2024
- SQM Reports Revenue Drop Amid Falling Lithium Prices
- Options Volatility and Implied Earnings Moves This Week, November 18 – November 21, 2024