Australia's IGO rises; Jarden cuts PT on updating cost assumptions

IGO

17/02/2025 01:11

** Shares of IGO  IGO.AX  rise as much as 0.8% to A$4.820 
    ** Jarden cuts price target for the lithium producer's stock
to A$5.52 from A$6.07
    ** Revised price target reflects changes in unit cost
assumptions
    ** Five of 15 analysts rate the stock "buy" or higher, six
"hold" and four "sell"; their median PT is A$5.43 – according to
data compiled by LSEG
    ** Stock fell 47.3% in 2024

    

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com;))