Standard Lithium price target lowered to $3.40 from $3.60 at Roth MKM

Roth MKM analyst Joe Reagor lowered the firm’s price target on Standard Lithium (SLI) to $3.40 from $3.60 and keeps a Buy rating on the shares after its Q4 results. The firm is adjusting its model for current cash and minor equity dilution but also sees significant upside to the company’s current market valuation over the course of 2025, the analyst tells investors in a research note.