Deutsche Bank Maintains Hold on Albemarle, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Corinne Blanchard has maintained a Hold rating on Albemarle (NYSE:ALB) and increased the price target from $125 to $140.
May 07, 2024 | 4:17 pm
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POSITIVE IMPACT
Deutsche Bank maintains a Hold rating on Albemarle and raises the price target from $125 to $140.
The increase in price target by Deutsche Bank suggests a positive outlook on Albemarle's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. The Hold rating indicates a stable view on the stock, suggesting no significant downside risk according to the analyst's perspective.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100