In a report released yesterday, Laurence Alexander from Jefferies maintained a Buy rating on Albemarle (ALB – Research Report), with a price target of $320.00. The company's shares closed last Wednesday at $245.10. According to TipRanks.com, Alexander is a 5-star analyst with an average return of 6.3% and a 59.8% success rate. Alexander covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Lithium Americas. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Albemarle with a $281.73 average price target, implying a 15.9% upside from current levels.
https://www.tipranks.com/news/blurbs/albemarle-alb-receives-a-buy-from-jefferies?utm_source=advfn.com&utm_medium=referral
Albemarle (NYSE:ALB)
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