Why Li-Cycle Shares Are Trading Higher Today
Li-Cycle Holdings Corp (NYSE: LICY) is trading higher Wednesday after the company announced a $100 million investment from Koch Strategic Platforms.
Li-Cycle Announces $100M Investment From Koch Strategic Platforms Through Convertible Note Purchase
Koch Strategic Platforms (KSP) to Invest $100 million through a Convertible Note
Investment Provides Capital to Fund Rapidly Expanding Growth Initiatives and Opportunity to Access to Enhanced Execution
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UBS Initiates Coverage On Li-Cycle Holdings with Buy Rating, Announces Price Target of $15
UBS analyst Jon Windham initiates coverage on Li-Cycle Holdings (NYSE:LICY) with a Buy rating and announces Price Target of $15.
Why This Analyst Believes Li-Cycle Is In A ‘Sweet Spot’
Li-Cycle Holdings Corp (NYSE: LICY) is a pure-play lithium-ion recycle and the largest North American company in the space, according to Wedbush.
The Li-Cycle Analyst: Daniel Ives initiated coverage on Li-Cycle with an Outperform rating and a price target of $14.