B of A Securities Upgrades Sociedad Quimica Y Minera to Neutral, Announces $67 Price Target
B of A Securities upgrades Sociedad Quimica Y Minera (NYSE:SQM) from Underperform to Neutral and announces $67 price target.
Hopeful Golden Cross Forms On Sociedad Quimica Y Minera’s Chart
If history is any guide, there may be good fortune ahead for shares of Sociedad Quimica Y Minera(NYSE:SQM). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.
BofA Bullish On EV Battery Value Chain, But Not US-Listed Lithium Stocks
Electric vehicle stocks have been some of the hottest investments in the market in the past couple of years as investors anticipate a multi-decade boom in EV sales. Bank of America analyst Joon-Ho Lee said Friday he's also bullish on stocks with exposure to the EV battery value chain.
Recap: Sociedad Quimica Y Minera Q2 Earnings
Shares of Sociedad Quimica Y Minera (NYSE:SQM) fell 2.1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 63.16% over the past year to $0.31, which missed the estimate of $0.32.
Sociedad Quimica Y Minera Q2 EPS $0.31 Up From $0.19 YoY, Sales $588.00M Up From $458.50M YoY
Sociedad Quimica Y Minera (NYSE:SQM) reported quarterly earnings of $0.31 per share. This is a 63.16 percent increase over earnings of $0.19 per share from the same period last year. The company reported $588.00 million
Lithium Stocks Down Tuesday Amid Unrest In Afghanistan; Hearing Recent Report The Taliban Now Controls The World’s Largest Lithium Deposits
-TradeXchange
Article from Monday: https://qz.com/2047785/under-the-taliban-what-will-happen-to-afghanistans-minerals/
Analyzing Sociedad Quimica Y Minera’s Unusual Options Activity
On Tuesday, shares of Sociedad Quimica Y Minera (NYSE:SQM) saw unusual options activity. After the option alert, the stock price moved up to $53.47.
Morgan Stanley Downgrades Sociedad Quimica Y Minera to Underweight, Announces $45 Price Target
Morgan Stanley analyst Javier Martinez downgrades Sociedad Quimica Y Minera (NYSE:SQM) from Equal-Weight to Underweight and announces $45 price target.