Largo Resources: Operational Improvements and Strategic Initiatives Drive Buy Rating
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Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Largo Resources, citing operational improvements, cost-cutting measures, and a strengthened balance sheet. Despite a reduced price target due to equity raise dilution, the firm's valuation remains strong, supported by production cost improvements and the Storion joint venture potential. Ihle, a top analyst, expects these factors to drive future growth and value for Largo Resources.
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