BMO Capital Markets Upgrades Standard Lithium (NYSEAMERICAN:SLI) to "Strong-Buy"

Standard Lithium (NYSEAMERICAN:SLI - Get Free Report) was upgraded by BMO Capital Markets to a "strong-buy" rating in a research note issued on Wednesday,Zacks.com reports.Standard Lithium Stock is Breaking New LevelsSeparately, Raymond James Financial assumed coverage on Standard Lithium in a research note on Friday, July 11th. They issued an "outperform" rating and a $2.75 price objective for the company.Get Standard Lithium alerts:View Our Latest Stock Report on Standard LithiumStandard Lithium Stock PerformanceShares of SLI stock opened at $2.84 on Wednesday. The firm has a market cap of $550.79 million, a P/E ratio of -12.91 and a beta of 1.69. Standard Lithium has a fifty-two week low of $1.08 and a fifty-two week high of $2.95. The business's 50 day moving average price is $2.22 and its 200-day moving average price is $1.70. Institutional Trading of Standard LithiumSeveral institutional investors have recently made changes to their positions in SLI. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in Standard Lithium in the 2nd quarter worth $27,000. Sowell Financial Services LLC acquired a new position in Standard Lithium in the 1st quarter worth $35,000. Naviter Wealth LLC acquired a new position in Standard Lithium in the 1st quarter worth $36,000. Envestnet Asset Management Inc. acquired a new stake in shares of Standard Lithium in the 4th quarter valued at about $37,000. Finally, MBA Advisors LLC raised its stake in shares of Standard Lithium by 28.3% in the 2nd quarter. MBA Advisors LLC now owns 29,500 shares of the company's stock valued at $58,000 after purchasing an additional 6,500 shares in the last quarter. 16.77% of the stock is owned by hedge funds and other institutional investors. About Standard Lithium (Get Free Report)Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with area of approximately 150,000 acres located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.Featured ArticlesFive stocks we like better than Standard LithiumStock Splits, Do They Really Impact Investors?MarketBeat Week in Review – 08/04 - 08/08Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your PortfolioAirbnb Beats Earnings, But the Growth Story Is Losing AltitudeAre These Liquid Natural Gas Stocks Ready For An Upside Bounce?Netflix Bulls vs. Bears: Who Wins This Pullback?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Standard Lithium Right Now?Before you consider Standard Lithium, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Standard Lithium wasn't on the list.While Standard Lithium currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here