Electra Battery price target adjusted at Alliance Global after reverse split

TipRanks

Tue, Apr 1, 2025, 10:55 AM 1 min read

Alliance Global Partners adjusted the firm’s price target on Electra Battery Materials (ELBM) to $2.10 from $1 and keeps a Buy rating on the shares after Electra announced 2024 results and provided an update with respect to ongoing funding efforts related to the completion of construction at the company’s cobalt refinery in Ontario following the company’s recently enacted reverse split.

Don't Miss Our End of Quarter Offers:

Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks.
Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on ELBM:

Disclaimer & Disclosure Report an Issue