Raymond James raised the firm’s price target on Lithium Royalty (LITRF) to C$10.25 from C$9.50 and keeps a Market Perform rating on the shares. The price target change is part of Raymond James’ mining update. The firm continues to favor copper in the base metals complex, as it expected growing deficits in the medium to long term.
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Read More on LITRF:
- 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
- Lithium Royalty to acquire Goulamina lithium project royalty
