As previously reported, Deutsche Bank downgraded Lithium Argentina to Hold from Buy with a price target of $6.50, down from $9. The firm believes a more cautious view over the near-to-medium term is prudent given the uncertainty and volatility in lithium prices. While most lithium producers are expecting a rebound in Q2 post Chinese Lunar New Year, details into the magnitude of the rebound “remain meager, at best” and the market appears to be well-supplied at least through 2026, the analyst tells investors.
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