Albemarle (ALB) Downgraded to Neutral by Rothschild Redburn, Price Target Set at $188

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Albemarle Corp (ALB) shares dropped 2.2% after Rothschild Redburn downgraded the stock from Buy to Neutral, setting a price target of $188. This downgrade is attributed to an anticipated surplus in the lithium market by 2027, which is expected to negatively impact lithium prices and Albemarle’s earnings potential. Despite a solid GF Score™ of 73, the company faces significant valuation concerns and insider selling activity.

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