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Pilbara Minerals Limited (PILBF) was downgraded to a Sell Rating at Credit Suisse

Credit Suisse analyst Saul Kavonic downgraded Pilbara Minerals Limited (PILBFResearch Report) to a Sell today and set a price target of A$2.30. The company’s shares closed yesterday at $2.29.

According to TipRanks, Kavonic is a 3-star analyst with an average return of 2.3% and a 48.89% success rate. Kavonic covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, Pilbara Minerals Limited, and Allkem Limited.

Pilbara Minerals Limited has an analyst consensus of Moderate Buy, with a price target consensus of $2.64.

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The company has a one-year high of $2.85 and a one-year low of $1.30. Currently, Pilbara Minerals Limited has an average volume of 253.8K.

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Pilbara Minerals Ltd. engages in the exploration and evaluation of mineral properties. It focuses on lithium and tantalum properties of Pilgangoora Lithium-Tantalum Project located in the Pilbara region. The company was founded on January 10, 2005 and is headquartered in West Perth, Australia.

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