The Globe and Mail reports in its Friday, Feb. 16, edition that BMO Capital analyst Greg Jones started coverage of Standard Lithium with an "outperform" recommendation and $3.75 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $6.70. Mr. Jones says in a note: "Standard Lithium has assembled a portfolio of high-grade lithium brine projects located within the Smackover formation in the southern U.S. It plans to apply direct lithium extraction (DLE) technology to develop an integrated lithium business and produce battery-grade lithium carbonate and hydroxide. In our view, the company's phased development approach, along with extensive multiyear demonstration plant testing and strategic partnerships, mitigate DLE technology and project execution risk and should accelerate the timeline to production." The Globe reported on March 22 that Eight Capital analyst Anoop Prihar was keeping his "buy" recommendation for Standard Lithium intact. It was then worth $4.45. The Globe reported on Sept. 20 that Canaccord Genuity analyst Katie Lachapelle had reiterated her "speculative buy" rating for Standard Lithium. The shares could then be had for $4.26.