Baird Raises Albemarle (ALB) Price Target as Lithium Market Optimism Grows
Market Intelligence Analysis
AI-PoweredBaird has upgraded Albemarle Corporation's rating from Underperform to Neutral and raised its price target significantly due to growing optimism in the lithium market, particularly for energy storage applications. This positive sentiment is reflected in the recent rally of Albemarle's shares.
Market impact analysis based on bullish sentiment with 77% confidence.
Article Context
Albemarle Corporation (NYSE:ALB) is included among the 15 Dividend Stocks that Outperform the S&P 500. On December 2, Baird upgraded Albemarle Corporation (NYSE:ALB) to Neutral from Underperform and raised its price target to $113 from $81. The firm attributed the recent share rally to optimism around lithium demand for energy storage. While Baird is easing […]
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