SQM upgraded to Buy at Deutsche Bank on more bullish lithium view

As previously reported, Deutsche Bank upgraded SQM (SQM) to Buy from Hold with an $88 price target citing the firm entering 2026 with a “more optimistic and bullish stance” on the lithium sector with spot pricing up about 139% from its late June lows. The firm also cites an “influx of investor interest back into the sector.”