According to a note out of Ord Minnett, its analysts have...

According to a note out of Ord Minnett, its analysts have retained their buy rating but reduced their price target on the lithium miner’s shares slighly to $3.90. Although Galaxy’s full-year result came in a little weaker than the broker expected, it has put this down to timing. I would agree with Ord Minnett on this one. Although it is a volatile share and its increasing short interest is a concern, I think the underlying demand for lithium will allow the company to outperform in the medium to long-term.