The Globe and Mail reports in its Friday, Oct. 6, edition that Stifel analyst Cole McGill started coverage on Lithium Americas with a "buy" recommendation a day after its first day of trading in both New York and Toronto. The Globe's David Leeder writes in the Eye On Equities column that Mr. McGill set a share target of $15 (U.S.). Mr. McGill says in a note: "With Thacker Pass having the potential to reach 80ktpa Lithium Carbonate Equivalent (LCE) capacity by 2030, the company has already secured an equity partnership with General Motors and is currently in the running for what we view as a strategic partner in the U.S. Department of Energy's Loan Program Office. The new Lithium Americas offers investors a made-in-America lithium vehicle, poised to supply domestically-sourced raw material to the emerging Electric Vehicle supply hub currently being onshored in the United States. ... Lithium developers have seen their shares increase in value by an average of 225 per cent from construction commencement to first production, consistent with the pattern seen in the mining industry generally." The Globe says Mr. McGill sees a strong potential for a valuation rerating as Thacker Pass progresses toward completion.