Challenger Limited Increases Stake in Lynas Rare Earths
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Challenger Limited has increased its stake in Lynas Rare Earths Ltd, raising its voting power from 5.08% to 6.12%. This change reflects a rise in shares held and may influence shareholder dynamics and strategic decisions at Lynas. The latest analyst rating for Lynas (AU:LYC) is a Buy, with a price target of A$7.15. Lynas Rare Earths has a current market cap of A$8.68B and an average trading volume of 4,998,774 shares.
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