Baird lowered the firm’s price target on Albemarle (ALB) to $79 from $85 and keeps a Neutral rating on the shares. The firm added it as a bearish Fresh Pick as reports of new lithium capacity coming on-line and few signs of a near-term rebound in demand have increased our caution on the shares and the lithium space through year-end. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read Mo
Albemarle (ALB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.