PLS Group Limited (ASX:PLS) Stock Surges on Lithium Rally: Today’s News, Analyst Forecasts, and What Investors Are Watching
PLS Group Limited shares rose about 5% to A$4.08 on Wednesday after upbeat analyst reports flagged stronger demand for electric vehicles and battery storage. JPMorgan raised its price target for PLS to A$4.80. Liontown and Mineral Resources also posted strong gains. Morgan Stanley cited 6% November growth in China’s battery EV market and a 29% year-to-date increase.