The Globe and Mail reports in its Wednesday, April 3, edition that Eight Capital analyst Puneet Singh thinks lithium prices finally appear to be "bouncing off a bottom after a lengthy slide." The Globe's David Leeder writes in the Eye On Equities column that Mr. Singh, in a research report released Tuesday titled Lithium: It's Always Darkest Before the Dawn, acknowledged investor sentiment and headlines "seem to only be negative," however, he emphasized electric vehicle sales remain robust "regardless of the narrative." With his expectation of supply cuts shifting the market back into a deficit as early as the second quarter of this year, Mr. Singh recalibrated his valuation multiple for Lithium Americas, which he rates "buy." His share target fell by $3 to $13.59 (all figures U.S.). Analysts on average target the shares at $10.94. Mr. Singh says, "We expect Lithium Americas to be preferred over Lithium Americas (Argentina) until it proves to the market it's past its ramp-up issues at Cauchari." The Globe reported on Oct. 6 that Stifel analyst Cole McGill started coverage on Lithium Americas with a "buy" recommendation. The shares could then be had for $11.49.