Scotiabank Maintains Sector Perform on Albemarle, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Ben Isaacson maintains a Sector Perform rating on Albemarle (NYSE:ALB) but lowers the price target from $135 to $85.
August 06, 2024 | 4:35 pm
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Scotiabank analyst Ben Isaacson maintains a Sector Perform rating on Albemarle but significantly lowers the price target from $135 to $85.
The significant reduction in the price target from $135 to $85 by Scotiabank is likely to negatively impact investor sentiment and could lead to a short-term decline in Albemarle's stock price.
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