Keybanc Maintains Overweight on Albemarle, Lowers Price Target to $199
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Albemarle (NYSE:ALB) but reduced the price target from $200 to $199.

January 09, 2024 | 9:32 am
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Keybanc analyst Aleksey Yefremov maintains an Overweight rating on Albemarle but lowers the price target from $200 to $199.
The reduction in price target is minimal, suggesting only a slight change in valuation perspective. The Overweight rating indicates continued positive sentiment from the analyst, which could balance out the minor negative impact of the price target decrease. Therefore, the short-term impact on the stock price is likely to be neutral.
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