BMO Capital Markets analyst Greg Jones has maintained an Outperform rating and a CA$2.00 target price on Lithium Ionic Corp. (LTHCF) following Pilbara Minerals’ announcement of its intention to acquire Latin Resources (LRSRF). Jones believes that Pilbara’s entry into the Brazilian lithium market could be beneficial for Lithium Ionic, potentially leading to a re-rating of LTHCF shares.