Piper Sandler Maintains Underweight on Albemarle, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert maintains an Underweight rating on Albemarle (NYSE:ALB) and lowers the price target from $122 to $95.
June 25, 2024 | 1:32 pm
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Piper Sandler analyst Charles Neivert maintains an Underweight rating on Albemarle and lowers the price target from $122 to $95.
The lowered price target and maintained Underweight rating by Piper Sandler suggest a negative outlook for Albemarle's stock in the short term. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100