The Globe and Mail reports in its Friday, Dec. 20, edition that National Bank Financial analyst Mohamed Sidibe has reaffirmed his "outperform" recommendation for Patriot Battery Metals. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sidibe gave his share target a 25-cent tweak ahead to $8.50. Analysts on average target the shares at $10.55. Mr. Sidibe upgraded his share target to reflect Patriot Battery's recently announced strategic partnership with Volkswagen. Mr. Sidibe says in a note, "This investment is a massive stamp of approval from a key player within the space and reinforces our view that this project is truly a key asset in the Western EV supply chain." The Globe reported on June 26, Nov. 5 and Nov. 19 that Mr. Sidibe had reaffirmed his "outperform" recommendation for Patriot Battery, which was then worth $5.28, $3.48 and $2.51.
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