Canaccord analyst Reg Spencer upgraded Liontown Resources (LINRF) to Buy from Hold with a price target of A$2.40, up from A$1.55. Updates to the firm’s 2026 and 2027 price deck result in an average target price increase of 32% among its Australia critical minerals coverage.
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Read More on LINRF:
- Liontown Completes Open Pit at Kathleen Valley, Shifts to Fully Underground Lithium Mining
- VanEck Ceases to Be Substantial Shareholder in Liontown Resources
- Liontown Updates Securities Trading Policy Amid Lithium Growth Plans
- Liontown Secures Major Offtake Agreement with Canmax Technologies
- Van Eck Associates Ceases Substantial Holding in Liontown Resources
