SQM slashed; Lucid a sell amid plummeting production numbers: 4 big analyst cuts
Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Lucid Group, Gold Fields, ArcelorMittal, and Sociedad Quimica y Minera de Chile.
The miner is expected to report earnings of $2.41 per share on a top line of $2.23 billion when it reports next month, down from $3.30 on $2.7B a year earlier.) to Sell from Hold on Tuesday and cut its price target to $4.00 from $7.00 following the company’s Q3 production and delivery numbers.
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