Tuesday, November 30, 2010

Lithium: "JPMorgan Upgrades Sociedad Quimica y Minera (SQM) to Overweight, Raises Price Target ~65%" (SQM)

That kind of bump in the PT gets ones attention. The stock is trading down 66 cents at $51.25.
From StreetInsider:
JPMorgan upgraded Sociedad Quimica y Minera (NYSE: SQM) to an Overweight rating from its previous rating of Neutral. The firm also raised its price target on the company to $61 from $37.

For more ratings news on Sociedad Quimica y Minera click here and for the rating history of Sociedad Quimica y Minera click here.

Shares of Sociedad Quimica y Minera closed at $51.40 yesterday, with a 52 week range of $30.98-$52.71.