Keybanc Maintains Overweight on Albemarle, Lowers Price Target to $178
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Albemarle (ALB) but lowered the price target from $199 to $178.
February 16, 2024 | 1:24 pm
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Albemarle's Overweight rating is maintained by Keybanc, but the price target is reduced from $199 to $178.
The reduction in the price target by Keybanc, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors. This adjustment reflects a more cautious outlook on Albemarle's valuation, potentially impacting its stock price negatively in the short term.
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