Citigroup Maintains Buy on Albemarle, Lowers Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham maintains a Buy rating on Albemarle (NYSE:ALB), but has lowered the price target from $265 to $215.
October 04, 2023 | 4:03 pm
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Citigroup maintains a Buy rating on Albemarle but lowers the price target from $265 to $215.
The news is directly related to Albemarle (ALB). While the Buy rating is maintained, the lowering of the price target could indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the Buy rating suggests that the stock is still expected to perform well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100