RBC Capital Maintains Outperform on Albemarle, Lowers Price Target to $163
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan has maintained an 'Outperform' rating on Albemarle (NYSE:ALB), but lowered the price target from $212 to $163.
November 06, 2023 | 5:11 pm
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RBC Capital has maintained an 'Outperform' rating on Albemarle but lowered the price target from $212 to $163.
The news is directly related to Albemarle (ALB). The 'Outperform' rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target might indicate a reduced growth expectation, which could have a neutral impact on the stock price in the short term.
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IMPORTANCE 80
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