RBC Capital Maintains Outperform on Albemarle, Lowers Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Albemarle (NYSE:ALB) but lowers the price target from $140 to $138.
February 16, 2024 | 4:54 pm
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RBC Capital maintains an Outperform rating on Albemarle but lowers the price target from $140 to $138.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a slight recalibration of expectations rather than a fundamental shift in the company's outlook. This could lead to a neutral short-term impact on ALB's stock price as the market digests the minor adjustment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100