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TD Cowen Keeps Their Buy Rating on Lithium Argentina (LAR)

Tipranks - Tipranks - Thu Jan 8, 11:28AM CST

TD Cowen analyst David Deckelbaum maintained a Buy rating on Lithium Argentina yesterday and set a price target of $7.00. The company’s shares opened today at C$8.65.

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Deckelbaum covers the Energy sector, focusing on stocks such as Sable Offshore, Antero Resources, and APA. According to TipRanks, Deckelbaum has an average return of 4.3% and a 43.51% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lithium Argentina with a $6.12 average price target, a -29.25% downside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $8.50 price target.

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The company has a one-year high of C$9.72 and a one-year low of C$2.36. Currently, Lithium Argentina has an average volume of 412.5K.

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