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Positive Report for Pilbara Minerals (PILBF) from Macquarie

Tipranks - Tipranks - Mon Feb 9, 6:42PM CST

In a report released today, Austin Yun from Macquarie upgraded Pilbara Minerals to a Buy, with a price target of A$5.00.

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Yun covers the Basic Materials sector, focusing on stocks such as Pilbara Minerals , Lynas Rare Earths , and Elevra Lithium. According to TipRanks, Yun has an average return of 41.4% and a 65.00% success rate on recommended stocks.

In addition to Macquarie, Pilbara Minerals also received a Buy from J.P. Morgan’s Lyndon Fagan in a report issued on February 2. However, yesterday, TipRanks – OpenAI reiterated a Hold rating on Pilbara Minerals (Other OTC: PILBF).

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The company has a one-year high of A$5.16 and a one-year low of A$1.07. Currently, Pilbara Minerals has an average volume of 30.1M.

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