Deutsche Bank analyst Corinne Blanchard initiated coverage of Lithium Argentina with a Buy rating and $11 price target. The analyst views the company as a “compelling way” for investors to play the lithium growth story with a de-risked producing asset and 40ktpa capacity. Lithium Argentina can unlock further potential value with the Pastos Grandes basin, the analyst tells investors in a research note. The firm believes the company trades at a discount versus its fundamental value.
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