Analysts Offer Insights on Materials Companies: Materion (MTRN) and Sigma Lithium (SGML)
There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Materion (MTRN) and Sigma Lithium (SGML) with bullish sentiments.
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Materion (MTRN)
KeyBanc analyst Samuel McKinney maintained a Buy rating on Materion today and set a price target of $223.00. The company’s shares closed last Monday at $202.29.
According to TipRanks.com, McKinney is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Materion with a $185.00 average price target, implying a -10.3% downside from current levels. In a report issued on May 8, TipRanks – xAI also upgraded the stock to Buy with a $217.00 price target.
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Sigma Lithium (SGML)
BMO Capital analyst Joel Jackson reiterated a Buy rating on Sigma Lithium on May 15 and set a price target of $20.00. The company’s shares closed last Monday at $14.76.
According to TipRanks.com, Jackson is a 5-star analyst with an average return of
Currently, the analyst consensus on Sigma Lithium is a Moderate Buy with an average price target of $18.50.
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