B of A Securities Maintains Buy on Albemarle, Lowers Price Target to $126
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Matthew DeYoe maintains a Buy rating on Albemarle (NYSE:ALB) but lowers the price target from $135 to $126.
August 02, 2024 | 5:38 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Albemarle but lowers the price target from $135 to $126, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Albemarle's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100