Why Livent Stock Soared 11% Today
Shares of Livent (NYSE: LTHM), which reported beats on both sales and earnings last week, are on the rise again Tuesday, up a solid 11% as of 12:30 p.m. EDT. In a flurry of news developments, first Livent saw its stock upgraded from sell to hold by Vertical Research Partners yesterday. Then Citigroup raised its price target on the stock from $22 to $25, reports TheFly.com.