Guys I'm sure you all recall that Goldman Sachs put a price target of $3.75, I think it was early May.
I was reading the article in the bull
http://www.thebull.com.au/articles/a/20937-stocks-to-watch:-bull-&-bear---esg-&-lyc.html
An extract says from the article:
Goldman Sachs recently sold its LYC holdings from its Resources Fund, saying that LYC was sold out of the portfolio after a period of strong performance driven by the significant rise in the price of rare earth elements.
So Goldman Sachs says to the world that Lynas has a target of 3.75, and then as the pricepumps out, they reduce their holdings, this is Wall Street at its best... Unbelievable
Just thought I'd share some of my thoughts
Cheers
mayo
jpm upgraded its target from $2.71 to $2.79. , page-11
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Last
$7.85 |
Change
-0.090(1.13%) |
Mkt cap ! $7.286B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.85 | $7.70 | $22.45M | 2.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2285 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.85 | 6431 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |