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Stock impact report

BofA Keeps an Underperform Rating on Sigma Lithium Corporation (SGML) [Yahoo! Finance]

Sigma Lithium Corporation (SGML) 
Company Research Source: Yahoo! Finance
TheFly reported on January 15, 2026, that BofA kept its Underperform rating. It lifted the price goal for Sigma Lithium Corporation (NASDAQ:SGML) from $13 to $14. The analyst pointed out that an equity raising might still happen, even if it is dilutive. It characterized the recent operational update as insignificant and “non-incremental to our thesis.” Separately, Canaccord reduced Sigma Lithium Corporation (NASDAQ:SGML) to Hold from Buy on January 16, 2026. It raised its price target to C$20.50 from C$14 as part of a Q4 outlook. The company amended its price deck for 2026 and 2027, which led to an average target price rise of 30%. The company's inability to use its waste piles and the uncertainties surrounding the resumption of mining on the site are reflected in the rating. Sigma Lithium Corporation (NASDAQ:SGML)'s net revenue rose by 69% quarter over quarter and 36% YoY in the most recent quarter. This was due to its commercial partnerships with clients and reliance on their b Show less Read more
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