Macquarie analyst Austin Yun upgraded Piedmont Lithium (PLL) to Neutral from Underperform with a $13.50 price target after Piedmont and Sayona Mining announced the signing of a definitive agreement to combine the two companies to create a lithium business, resulting in Sayona being the ultimate parent entity.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLL: