Baird Maintains Neutral on Albemarle, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ben Kallo has maintained a Neutral rating on Albemarle (NYSE:ALB) but has lowered the price target from $85 to $79.
October 25, 2024 | 12:25 pm
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Baird analyst Ben Kallo has maintained a Neutral rating on Albemarle but has lowered the price target from $85 to $79, indicating a less optimistic outlook.
The lowering of the price target from $85 to $79 by Baird suggests a less optimistic view on Albemarle's short-term performance. This could lead to a negative sentiment among investors, potentially impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100