Arcadium Lithium rated new Hold at Deutsche Bank, but Panmure Liberum upbeat

seekingalpha08-23

Arcadium Lithium (NYSE:ALTM) -6.4% in Thursday's trading as Deutsche Bank issues a new Hold rating and $3 price target on the stock, as the bank says the lithium industry is undergoing pressure on ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2461323373?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1406592245/image_1406592245.jpg","is_english":true,"pubTime":"2024-08-23 03:48","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2461323373","market":"nz","top_or_hot":-1,"title":"Arcadium Lithium rated new Hold at Deutsche Bank, but Panmure Liberum upbeat","media":"seekingalpha","content":"<div>\n<p>Arcadium Lithium (NYSE:ALTM) -6.4% in Thursday's trading as Deutsche Bank issues a new Hold rating and $3 price target on the stock, as the bank says the lithium industry is undergoing pressure on ...</p>\n\n<a href=\"https://seekingalpha.com/news/4143053-arcadium-lithium-rated-new-hold-at-deutsche-bank-but-panmure-liberum-upbeat\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Arcadium Lithium rated new Hold at Deutsche Bank, but Panmure Liberum upbeat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArcadium Lithium rated new Hold at Deutsche Bank, but Panmure Liberum upbeat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-23 03:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4143053-arcadium-lithium-rated-new-hold-at-deutsche-bank-but-panmure-liberum-upbeat><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Arcadium Lithium (NYSE:ALTM) -6.4% in Thursday's trading as Deutsche Bank issues a new Hold rating and $3 price target on the stock, as the bank says the lithium industry is undergoing pressure on ...</p>\n\n<a href=\"https://seekingalpha.com/news/4143053-arcadium-lithium-rated-new-hold-at-deutsche-bank-but-panmure-liberum-upbeat\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4566","symbol_name":"资本集团","start_time":0,"source_url":"https://seekingalpha.com/news/4143053-arcadium-lithium-rated-new-hold-at-deutsche-bank-but-panmure-liberum-upbeat","article_id":"2461323373","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1406592245/image_1406592245.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461323373","pubTimestamp":1724356110,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Arcadium Lithium  -6.4% in Thursday's trading as Deutsche Bank issues a new Hold rating and $3 price target on the stock, as the bank says the lithium industry is undergoing pressure on pricing - with spot currently trading at $10.3 kg and seaborne pricing at $11.5 kg - with no significant upside improvements expected in the coming quarters. With a neutral to bearish stance on the lithium space , Deutsche Bank said it believes Arcadium Lithium  shares are fairly priced, justifying its Hold rating, but execution on the company's various ongoing projects and a more positive industry backdrop could ultimately lead it to become more positive. However, Panmure Liberum analyst Tom Price defies the bears with an optimistic lithium outlook, while acknowledging \"investors are frustrated with the floundering EV-related lithium demand growth story,\" and lithium supply is likely to stay elevated because of the \"extraordinarily robust balance sheets\" miners gained from earlier record-high lithium p","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4566":"资本集团","BK4552":"Archegos爆仓风波概念","BK4144":"石油与天然气的储存和运输","BK4118":"综合性资本市场","BK4109":"特种化学制品","ALTM":"Arcadium Lithium","BK4585":"ETF&股票定投概念","DB":"德意志银行","LIT":"Global X Lithium & Battery Tech ETF","BK4588":"碎股"},"translate_title":"德意志银行将Arcadium Lithium评级为新持有，但Panmure Liberum持乐观态度","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALTM":1,"DB":1,"LIT":1},"content_text":"Arcadium Lithium (NYSE:ALTM) -6.4% in Thursday's trading as Deutsche Bank issues a new Hold rating and $3 price target on the stock, as the bank says the lithium industry is undergoing pressure on pricing - with spot currently trading at $10.3 kg and seaborne pricing at $11.5 kg - with no significant upside improvements expected in the coming quarters. With a neutral to bearish stance on the lithium space (LIT), Deutsche Bank said it believes Arcadium Lithium (ALTM) shares are fairly priced, justifying its Hold rating, but execution on the company's various ongoing projects and a more positive industry backdrop could ultimately lead it to become more positive. However, Panmure Liberum analyst Tom Price defies the bears with an optimistic lithium outlook, while acknowledging \"investors are frustrated with the floundering EV-related lithium demand growth story,\" and lithium supply is likely to stay elevated because of the \"extraordinarily robust balance sheets\" miners gained from earlier record-high lithium prices. But by 2025, electric vehicle demand growth recovery should again outstrip available supply, \"creating a price-driving deficit in our model,\" Price says, forecasting the lithium carbonate price will bounce to $25K in early 2025 vs. an average ~$15K/ton in 2024.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2461323373"}