Electra Battery Materials price target lowered to $2.20 from $2.40 at H.C. Wainwright

From Yahoo Finance: 2025-06-18 10:15:00

H.C. Wainwright analyst Heiko Ihle lowered Electra Battery Materials (ELBM) price target to $2.20 from $2.40, maintaining a Buy rating. A feasibility study for a battery recycling facility has been completed, expected to recover lithium, nickel, cobalt, manganese, and graphite using Electra’s proprietary process.

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