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23274 JP-TQL @EC2509A (CALL)
RT Nominal down0.018 -0.025 (-58.140%)

03/09/2025 14:47

{I-bank focus}Nomura lowers Tianqi Lithium (09696) to HKD41

[ET Net News Agency, 3 September 2025] Nomura lowered the target price for Tianqi
Lithium (09696) to HKD41 from HKD42 and maintained the "neutral" rating.
The research house said it forecasts a 10% y-y revenue decline for FY25F on lower
lithium prices in the first half, while it expects 45%/20% y-y revenue growth in FY26/27F
on a better outlook for lithium price recovery. (rc)

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