Piper Sandler Maintains Overweight on Albemarle, Lowers Price Target to $255
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert maintains an Overweight rating on Albemarle (NYSE:ALB), but lowers the price target from $275 to $255.
September 01, 2023 | 5:00 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Albemarle, but lowers the price target from $275 to $255. This could potentially impact the stock's performance.
The news is directly related to Albemarle (ALB). Piper Sandler's lowered price target could potentially lead to a change in investor sentiment, which may impact the stock's performance. However, the Overweight rating suggests that the analyst still sees the stock as a good investment, which could balance out the potential negative impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100