Brokers on $PLS Pilgangoora P2000 PFS
Macquarie: Retained NEUTRAL; PT $3.25vs $4.20
Morgan Stanley: Retained UNDERWEIGHT; PT $2.75 vs $3.35
Morgans: Upgraded ADD vs HOLD; PT $3.70 vs $4.10
UBS: Retained SELL; PT $2.70
4 Broker Average PT = $3.10
2 More $PLS broker updates:
Jefferies: Retained BUY; PT $3.80 vs $4.40
JP Morgan: Retained UNDERWEIGHT; PT $3.10
6 Broker Average PT = $3.21
https://x.com/CarlCapolingua/status/1805038502771622361
https://x.com/CarlCapolingua/status/1805049486315847763
IMO no hurry to buy, brokers will likely continue to downgrade because lithium price has not and will not go higher anytime soon, given that China EV growth is ongoing , and the near future will likely cast greater difficulties for the EV sector globally.
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