Lithium Ionic Corp. (LTHCF) has caught the attention of BMO Capital Markets, who have issued an ‘Outperform’ rating and a CA$1.25 per share target price, implying a potential 40% return. The bullish outlook stems from recent drilling results at the company’s Bandeira project in Brazil, which revealed the thickest lithium oxide intercept to date.
Peloton faces market challenges as Barry McCarthy steps down as CEO and the company announces layoffs. Financial expert Simeon Siegel from BMO Capital Markets provides insights on the impact of these developments on Peloton’s stock performance.
BMO Capital Markets adjusted its outlook on American Express shares, increasing the price target to $175 but maintaining an Underperform rating. Despite strong first-quarter earnings, concerns remain about loan restructuring and potential future EPS growth dampening.
