Berenberg Upgrades Albemarle to Buy, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Berenberg analyst Andres Castanos Mollor upgrades Albemarle (ALB) from Hold to Buy and increases the price target from $130 to $160.
April 11, 2024 | 9:02 am
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POSITIVE IMPACT
Albemarle upgraded by Berenberg from Hold to Buy with a price target increase from $130 to $160.
The upgrade from Hold to Buy by a reputable analyst at Berenberg, along with a significant increase in the price target, is a strong bullish signal for Albemarle. This suggests a positive outlook on the company's future performance and potential for stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100