Citi downgraded Lithium Royalty (LITRF) to Neutral from Buy with a price target of C$10.60, up from C$9. The firm sees limited upside in the shares after the company entered into an agreement to be acquired by Altius Minerals.
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Read More on LITRF:
- Lithium Royalty price target raised to C$10.25 from C$9.50 at Raymond James
- Lithium Royalty downgraded to Market Perform from Outperform at Raymond James
- Lithium Royalty Corp.: Strategic Portfolio Strength but Limited Upside Amid Altius Takeover, Supporting a Hold Rating
- Lithium Royalty Corp. Buys Cash-Flowing Goulamina Royalty From Leo Lithium for A$40 Million
- Lithium Royalty Corp. to Be Acquired by Altius Minerals in C$521 Million Deal