Berenberg Raises Price Target on Sociedad Quimica y Minera de Chile to $53 From $47, Keeps Hold Rating

2026-03-09 14:27:50

Abstract generation in progress

Berenberg has increased its price target for Sociedad Quimica y Minera de Chile (SQM) to $53 from $47, while maintaining a Hold rating on the stock. This adjustment comes amidst other recent analyst activities, including Deutsche Bank raising its price target to $91 with a Buy rating and JPMorgan upgrading SQM to Overweight. SQM manufactures specialty chemicals, including lithium and iodine, and has been involved in several collaboration agreements and a strategic partnership with Codelco.

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