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Atlas Lithium price target lowered to $39 from $47 at Roth MKM

Roth MKM lowered the firm’s price target on Atlas Lithium to $39 from $47 and keeps a Buy rating on the shares. The price target decrease reflects lower spodumene price assumptions for 2025 and beyond, but Roth MKM believes investor interest could shift towards spodumene projects in the current price environment, the analyst says.

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