AKE 0.00% $9.83 allkem limited

Goldman maintains Buy rating on AKE but reduces price target to...

  1. 62 Posts.
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    Goldman maintains Buy rating on AKE but reduces price target to $14.4 (from ~$15). Goldman's price target for PLS is now below their current share price. Yet still even on the results yesterday and with PLS shorted to like 16% AKE is continually smashed harder and recovers slower.

    Goldman: "Perceived Argentina risk (which we expect is overdone), may also ease following federal elections. We remain Buy rated, where AKE's long-term organic growth optionality remains undervalued."
 
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Currently unlisted public company.

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