Strategic Advancements and Financial Stability Justify Buy Rating for Lithium Americas Corp.

Lithium Americas Corp. (LAC – Research Report), the Basic Materials sector company, was revisited by a Wall Street analyst today. Analyst David Deckelbaum from TD Cowen maintained a Buy rating on the stock and has a $5.00 price target.

David Deckelbaum has given his Buy rating due to a combination of factors related to Lithium Americas Corp.’s strategic financial and operational advancements. The company remains on track with its project timelines and has secured sufficient liquidity, particularly after closing a significant deal with Orion and planning to draw on a Department of Energy loan in the third quarter of 2025.
Additionally, the collaboration with General Motors has led to the announcement of a final investment decision for the Thacker Pass project, with major construction activities already underway. The company has managed to mitigate potential risks from tariff announcements, as a substantial portion of its capital costs are tied to labor and services, which are less likely to be affected. These strategic moves and financial stability underpin Deckelbaum’s confidence in the company’s future performance, justifying the Buy rating.

Deckelbaum covers the Energy sector, focusing on stocks such as APA, Devon Energy, and EQT. According to TipRanks, Deckelbaum has an average return of -2.4% and a 38.66% success rate on recommended stocks.