https://www.tipranks.com/news/the-fly/sigma-lithium-price-target-lowered-to-16-from-25-at-bofa

BofA lowered the firm’s price target on Sigma Lithium (SGML) to $16 from $25 and keeps a Buy rating on the shares. The firm has lowered its price recovery expectations for 2025 given that it sees oversupply increasing further in 2025, “minimal industry discipline,” and inventory levels remaining stagnant. However, with $1.17/kg realized price expected in 2026 and low-cost operations, the firm remains “bullish on Sigma profit outlook, particularly post-2025,” the analyst added.

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