BMO Capital Maintains Outperform on Albemarle, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Joel Jackson has maintained an 'Outperform' rating on Albemarle (NYSE:ALB), but lowered the price target from $265 to $180.
November 07, 2023 | 5:36 pm
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Albemarle's price target has been lowered by BMO Capital from $265 to $180, although the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value in the short term. However, the maintained 'Outperform' rating suggests that the stock is still expected to outperform the market or its sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100