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Liontown Resources Limited (LIS) Receives a Sell from Macquarie

Liontown Resources Limited (LIS) Receives a Sell from Macquarie

In a report released today, Robert Stein from Macquarie maintained a Sell rating on Liontown Resources Limited, with a price target of A$0.55. The company's shares closed last Friday at €0.43.
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According to TipRanks, Stein is a 3-star analyst with an average return of 1.0% and a 55.41% success rate. Stein covers the Basic Materials sector, focusing on stocks such as Iluka Resources Limited, Champion Iron, and Liontown Resources Limited.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Liontown Resources Limited with a €0.34 average price target, which is a -21.66% downside from current levels. In a report released on July 30, Morgans also maintained a Sell rating on the stock with a A$0.50 price target.
The company has a one-year high of €0.79 and a one-year low of €0.24. Currently, Liontown Resources Limited has an average volume of 12.01K.
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