The Orocobre Limited (ASX: ORE) share price is fighting back after it got hit with a broker downgrade.
The Orocobre share price tumbled more than 3% in early trade but bounced to be up 0.7% at $5.59 at the time of writing.
In contrast, the S&P/ASX 200 Index (Index:^AXJO) shed 0.3% of its value as mining, energy and property shares weighed.
Why JPMorgan downgraded the Orocobre share price
The positive sentiment towards all-things lithium can’t be easily turned off even as JPMorgan cut its recommendation on the Orocobre share price to “neutral” from “overweight”.
This isn’t to say that the broker has a negative take on the mineral. If…