Wells Fargo Maintains Overweight on Albemarle, Lowers Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Overweight rating on Albemarle (NYSE:ALB), but lowered the price target from $270 to $260.
August 04, 2023 | 3:43 pm
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Wells Fargo has maintained an Overweight rating on Albemarle but lowered the price target from $270 to $260.
The news is directly related to Albemarle (ALB). While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
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