Why Lithium Americas Stock Jumped 10% Today
Shares of lithium miner Lithium Americas (NYSE: LAC) bounced 10% today, taking its gains for the week to over 30%.
The miner of material for batteries received some positive analyst coverage Tuesday night, with a price target still above where shares closed today.
Yesterday, Stifel analyst Anoop Prihar initiated coverage of Lithium Americas with a buy rating and $13.25 price target. That represents another 7% potential on top of today's bounce.
Source Fool.com
