Albemarle (ALB) PT Lowered to $120 at Jefferies

Jefferies analyst Laurence Alexander lowered the price target on Albemarle (NYSE: ALB) to $120.00 (from $124.00) while maintaining a Buy rating.

The analyst commented: "Uncertainty on consumer demand and the consistency of policy support is amplified for Albemarle, in our view, by the tension between the company's longer-term ROIC targets, OEM ambitions (both CAGRs and shifting technology mix), the lags in both project development and formulation qualifications, and balance sheet management. With credit cycle and policy tailwinds, buy the EPS cuts for a better 2026-2030."

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