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Scotiabank Remains a Buy on Lithium Argentina (LAR)

Tipranks - Tipranks - Tue May 19, 1:32AM CDT

In a report released on May 15, Ben Isaacson from Scotiabank maintained a Buy rating on Lithium Argentina, with a price target of $11.00. The company’s shares closed last Friday at C$13.67.

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According to TipRanks, Isaacson is a 4-star analyst with an average return of 8.5% and a 48.61% success rate. Isaacson covers the Basic Materials sector, focusing on stocks such as Cf Industries Holdings, Methanex, and Nutrien.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lithium Argentina with a $11.09 average price target, representing a -18.87% downside. In a report released on May 13, Deutsche Bank also maintained a Buy rating on the stock with a $12.00 price target.

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The company has a one-year high of C$16.46 and a one-year low of C$2.36. Currently, Lithium Argentina has an average volume of 318.1K.

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