There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Li-Cycle Holdings (LICY – Research Report) and Fathom Digital (FATH – Research Report) with bullish sentiments.
Li-Cycle Holdings (LICY)
In a report released today, Brian Dobson from Chardan Capital reiterated a Buy rating on Li-Cycle Holdings, with a price target of $8.00. The company’s shares closed last Monday at $4.55, close to its 52-week low of $4.30.
According to TipRanks.com, Dobson has 0 stars on 0-5 stars ranking scale with an average return of
Li-Cycle Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $7.79, a 63.7% upside from current levels. In a report issued on May 4, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $8.50 price target.
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Fathom Digital (FATH)
In a report released today, James Ricchiuti from Needham reiterated a Buy rating on Fathom Digital, with a price target of $1.00. The company’s shares closed last Monday at $0.40, close to its 52-week low of $0.39.
According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of
Fathom Digital has an analyst consensus of Moderate Buy, with a price target consensus of $0.90.
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Read More on LICY:
- ‘Lithium Batteries Are the New Oil,’ According to Elon Musk — Here Are 2 Stocks Under $10 to Take Advantage
- Li-Cycle restates financial statements for FY22
- Li-Cycle, VinES announce long-term battery recycling agreement
- Li-Cycle price target lowered to $8 from $10 at TD Cowen
- Li-Cycle price target raised to $8 from $7 at Baird
