TD Cowen Downgrades Albemarle to Market Perform, Announces $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst David Deckelbaum has downgraded Albemarle (NYSE:ALB) from Outperform to Market Perform and set a price target of $130.
January 29, 2024 | 12:20 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Albemarle downgraded by TD Cowen from Outperform to Market Perform with a $130 price target, potentially affecting investor sentiment.
Downgrades by analysts can lead to negative investor sentiment and a potential decrease in stock price. The new price target of $130 may also suggest limited upside potential from the current market price, influencing short-term trading behavior.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100