Standard Lithium (TSE:SLI – Get Free Report) had its price objective reduced by investment analysts at Stifel Nicolaus from C$9.00 to C$5.00 in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock.
Separately, BMO Capital Markets boosted their price target on shares of Standard Lithium from C$3.75 to C$4.75 in a report on Tuesday, May 14th.
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Standard Lithium Price Performance
Standard Lithium Company Profile
Standard Lithium is an innovative technology and lithium development company. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. The Company has commissioned its first-of-a-kind industrial scale Direct Lithium Extraction Demonstration Plant at LANXESS’ South Plant facility in southern Arkansas.
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