LYC
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1.54% $7.04 lynas rare earths limited

Bipolar?...

  1. Weehawken
    1,933 Posts.
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    02/03/21
    10:40
    Post #: 51444033
    BofA / Merrill price target raised on Friday to approx. $6.25 Aussy. Guess they don’t agree with UBS.
    LYC Price at posting: $6.33 Sentiment: Buy Disclosure: Held
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  3. Pennie
    821 Posts.
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    02/03/21
    10:41
    Post #: 51444082
    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.
    LYC Price at posting: $6.33 Sentiment: None Disclosure: Held
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