Information Provided By: 
Fly News Breaks for August 23, 2019
SQM
Aug 23, 2019 | 08:26 EDT
BMO Capital analyst Joel Jackson lowered his price target on SQM to $24 and kept his Market Perform rating to reflect his reduced price expectations for lithium and potassium nitrate. The analyst contends that the company's expected 2019 EBITDA of about $674M would represent its lowest earnings since 2009, and he expects minimal earnings growth next year given the management's focus on selling lithium "no matter the price". Jackson adds that SQM will remain challenged in lithium from higher supply than demand and continued mix issues.
News For SQM From the Last 2 Days
There are no results for your query SQM
