Piper Sandler Maintains Underweight on Albemarle, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert maintains an Underweight rating on Albemarle (NYSE: ALB) and lowers the price target from $95 to $90.
August 08, 2024 | 11:37 am
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Piper Sandler analyst Charles Neivert maintains an Underweight rating on Albemarle and lowers the price target from $95 to $90.
The Underweight rating and lowered price target from $95 to $90 by Piper Sandler suggest a bearish outlook on Albemarle's stock. This could lead to a negative short-term impact on the stock price as investors react to the downgrade.
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