Livent (LTHM) Receives New Coverage from Analysts at Loop Capital

Equities research analysts at Loop Capital started coverage on shares of Livent (NASDAQ:LTHM) in a report issued on Friday, The Fly reports. The brokerage set a “buy” rating on the stock.

Several other research analysts have also recently weighed in on the stock. Credit Suisse Group started coverage on shares of Livent in a report on Monday. They issued an “outperform” rating and a $20.00 price target for the company. Nomura started coverage on shares of Livent in a research report on Monday. They issued a “buy” rating and a $20.00 price objective on the stock. Citigroup started coverage on shares of Livent in a research report on Monday. They issued a “buy” rating and a $20.00 price objective on the stock. Bank of America started coverage on shares of Livent in a research report on Monday. They issued a “buy” rating and a $20.00 price objective on the stock. Finally, Goldman Sachs Group started coverage on shares of Livent in a research report on Monday. They issued a “buy” rating and a $22.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $20.00.

Livent stock opened at $17.90 on Friday. Livent has a twelve month low of $14.00 and a twelve month high of $18.47.

About Livent

Livent Corporation manufactures and sells performance lithium compounds that are used primarily in energy storage, specialty polymers, and chemical synthesis application. The company offers lithium compounds for use in applications that have specific performance requirements, including battery-grade lithium hydroxide for use in high performance lithium-ion batteries; and supplies butyllithium, which is used as a synthesizer in the production of polymers and pharmaceutical products, as well as a range of specialty lithium compounds, including high purity lithium metal, which is used in the production of lightweight materials for aerospace applications and non-rechargeable batteries.

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Analyst Recommendations for Livent (NASDAQ:LTHM)

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