RBC Capital Maintains Outperform on Albemarle, Raises Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Albemarle (NYSE:ALB) and raises the price target from $138 to $157.
May 06, 2024 | 4:49 pm
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RBC Capital has raised the price target for Albemarle from $138 to $157 while maintaining an Outperform rating.
The increase in price target by RBC Capital suggests a positive outlook on Albemarle's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
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