Argentina
Lithium names cut at Deutsche Bank with valuations fully priced, lack of catalysts
Deutsche Bank downgrades Albemarle, Lithium Argentina and SQM, citing projected surplus in the lithium market, hindering near-term prospects.
Albemarle (NYSE:ALB) -2.7%, Lithium Argentina (LAAC) -2.4% and SQM (SQM) -0.6% in Thursday's trading as Deutsche Bank downgraded both lithium producers to Hold from Buy, forecasting a structural surplus in the lithium market in the coming years befor... [965 chars]