Deutsche Bank Maintains Hold on Albemarle, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Corinne Blanchard maintains a Hold rating on Albemarle (NYSE:ALB) but lowers the price target from $105 to $80.
August 16, 2024 | 5:11 pm
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Deutsche Bank has maintained its Hold rating on Albemarle but has lowered the price target from $105 to $80, indicating a more cautious outlook.
The lowered price target from $105 to $80 by Deutsche Bank suggests a more cautious outlook on Albemarle's future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100