The Globe and Mail reports in its Tuesday, Nov. 25, edition that Canaccord Genuity analyst Katie Lachapelle has elevated her recommendation for Lithium Americas to "hold" from "sell." The Globe's David Leeder writes in the Eye On Equities column that Ms. Lachapelle continues to target the shares at $6.50. Analysts on average target the shares at $8.56. Ms. Lachapelle says in a note: "Demand's in charge now (Jul'25), we posited that continued demand growth driven by EV's and BESS would outstrip slowing supply growth and bring the market back to balance. We lift our expectations to account for much stronger growth in the battery energy storage systems market. This brings forward expectations for deficit markets and a continued recovery in lithium pricing. We think the improving outlook for the sector will continue to support equities and suggest investors continue to reassess sector exposure. Lithium Americas is progressing on schedule with its 62-per-cent-owned Thacker Pass lithium mine and processing plant in Nevada, targeting 40ktpa of battery-grade lithium carbonate in Phase 1. As of Q3 2025, $720-million of the $2.9-billion total capex has been spent, with detailed engineering over 80-per-cent complete."