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Allkem downgraded to Hold from Buy at Jefferies
The Fly

Allkem downgraded to Hold from Buy at Jefferies

Jefferies analyst Mitch Ryan downgraded Allkem to Hold from Buy with a price target of A$15, down from A$15.50, after updating its commodity views to reflects a more positive view of a Chinese-led recovery, offsetting weakness in the U.S. and Europe in 2023.

Published first on TheFly

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