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Fly News Breaks for September 13, 2017
SQM
Sep 13, 2017 | 08:03 EDT
As previously reported, BofA/Merrill Lynch analyst Isabella Simonato upgraded SQM to Buy from Neutral, calling the company the lowest cost producer and best positioned player in lithium. The analyst, who notes that the U.K., France, Germany, and China have all made recent announcements or promises of plans to address gasoline and diesel car pollution, sees brighter prospects for lithium prices and raised her price target on SQM shares to $65 from $49.
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