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Shares of Lithium Americas Corp (Symbol: LAC) traded at $38.94 on recent market activity, surpassing the average analyst 12-month target price of $38.75. Analysts are now considering whether to downgrade their valuation or raise the target price in light of the stock’s performance.
There are 10 different analyst targets for LAC, with a low target of $34.00 and a high of $44.00, reflecting a standard deviation of $2.821. Currently, 7 analysts rate the stock as a “Strong Buy,” 1 as a “Buy,” and 1 as a “Hold.” No analysts have a “Sell” or “Strong Sell” rating.
The average analyst rating is 1.33 on a scale where 1 is a “Strong Buy” and 5 is a “Strong Sell,” indicating overall positive sentiment as investors assess whether the current price will advance further.
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