Why Albemarle Stock Just Got Upgraded
Market Intelligence Analysis
AI-PoweredAlbemarle stock received an upgrade from Baird analyst Ben Kallo, increasing the price target to $113, but the stock price closed slightly lower at $128.14.
Market impact analysis based on neutral sentiment with 75% confidence.
Article Context
It has been tough for lithium producers like Albemarle over the past few years. On Tuesday, Baird analyst Ben Kallo upgraded Albemarle stock to Hold from Sell and took his price target to $113 from $81 a share. Albemarle stock rose early, but closed at $128.14, down 0.2%, while the and gained 0.3% and 0.4%, respectively.
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