BofA Keeps an Underperform Rating on Sigma Lithium Corporation (SGML)

Group 1 - Sigma Lithium Corporation (NASDAQ:SGML) is recognized as one of the 7 best lithium and battery stocks to buy currently [1] - Sigma Lithium Corporation's net revenue increased by 69% quarter over quarter and 36% year over year, attributed to commercial partnerships and effective management of lithium price changes [3] - BofA maintained an Underperform rating on Sigma Lithium Corporation, raising the price target from $13 to $14, while noting potential equity raising and an insignificant operational update [2] Group 2 - Canaccord downgraded Sigma Lithium Corporation from Buy to Hold, increasing its price target to C$20.50 from C$14, reflecting a 30% average target price rise due to amended price decks for 2026 and 2027 [2] - The company's challenges include the inability to utilize waste piles and uncertainties regarding the resumption of mining operations [2]