Lithium Americas (TSE:LAC) was upgraded by research analysts at Eight Capital from a “neutral” rating to a “buy” rating in a research note issued on Friday. The firm currently has a C$13.00 price objective on the stock, down from their previous price objective of C$13.60. Eight Capital’s price target suggests a potential upside of 90.34% from the stock’s current price.
Separately, Canaccord Genuity raised Lithium Americas from a “hold” rating to a “speculative buy” rating and reduced their target price for the company from C$12.00 to C$11.00 in a report on Friday, January 19th.