LYC 0.90% $7.70 lynas rare earths limited

Bipolar?...

  1. 1,888 Posts.
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    BofA / Merrill price target raised on Friday to approx. $6.25 Aussy. Guess they don’t agree with UBS.
  2. 819 Posts.
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    Ha Toly, not bipolar, maybe just embarrassed that they got the profit estimate so wrong and trying to save face by sticking with their sell recommendation. And Amanda had a nice little dig at the analyst about it on the conference call. Costly restructure 2023? Funds waiting. Price drop due to increased China quota? Demand appears set to consume it all. UBS clutching at straws? Seems so. Time will tell.
 
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