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Jefferies Maintains Buy Rating on Lithium Americas (LAC) Stock

Lithium Americas Corp. (NYSE:LAC) is one of the Best WallStreetBets Stocks to Invest In. On September 24, analyst Laurence Alexander of Jefferies maintained a “Buy” rating on the company’s stock, reducing the price objective to 7.00.Theanalystsratingisbackedbyacombinationoffactors.TheongoingdiscussionswiththeDepartmentofEnergy(DOE)andGeneralMotors(GM)aboutthe7.00. The analyst’s rating is backed by a combination of factors. The ongoing discussions with the Department of Energy (DOE) and General Motors (GM) about the 2.3 billion loan and potential equity stake demonstrate a strategic alignment, which can benefit Lithium Americas Corp. ( ...