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Macquarie Reaffirms Their Buy Rating on Piedmont Lithium (PLLTL)
In a report released on June 27, Austin Yun from Macquarie maintained a Buy rating on Piedmont Lithium (PLLTL – Research Report), with a price target of A$0.10. The company’s shares closed last Friday at $0.07.
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According to TipRanks, Yun is an analyst with an average return of -13.1% and a 38.10% success rate. Yun covers the Basic Materials sector, focusing on stocks such as Pilbara Minerals , Lynas Rare Earths , and Sayona Mining.
Currently, the analyst consensus on Piedmont Lithium is a Moderate Buy with an average price target of $0.16.
The company has a one-year high of $0.16 and a one-year low of $0.05. Currently, Piedmont Lithium has an average volume of 13.11K.
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