Mizuho Maintains Neutral on Albemarle, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Roberts has maintained a Neutral rating on Albemarle (ALB) and increased the price target from $105 to $115.
February 27, 2024 | 3:39 pm
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Mizuho has maintained a Neutral rating on Albemarle and raised the price target from $105 to $115.
The increase in price target by Mizuho suggests a positive outlook on Albemarle's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for Albemarle, potentially leading to a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100