Wells Fargo Maintains Equal-Weight on Albemarle, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Equal-Weight rating on Albemarle (NYSE:ALB) and raises the price target from $100 to $110.
October 08, 2024 | 12:55 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Albemarle and increased the price target from $100 to $110, indicating a positive outlook.
The increase in price target from $100 to $110 by Wells Fargo suggests a positive outlook for Albemarle, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100