Goldman Sachs Downgrades Albemarle (ALB) to Neutral
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Price: $117.64 -0.1%
Rating Summary:
17 Buy, 17 Hold, 5 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 14 | Down: 24 | New: 9
Rating Summary:
17 Buy, 17 Hold, 5 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 14 | Down: 24 | New: 9
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Goldman Sachs downgraded Albemarle (NYSE: ALB) from Buy to Neutral and maintained their $75 price target.
The firm said other companies, including Celanese (NYSE: CE), offer more near term upside.
Since being added to the Buy list on 4/14/2009, the shares have risen 159.7% versus the S&P 500 up 61.2%. Over the last 12 months the stock has risen 48.4% versus the S&P 500 up 12.8%.
For more ratings news on Albemarle click here and for the rating history of Albemarle click here.
Shares of Albemarle closed at $66.10 yesterday.
The firm said other companies, including Celanese (NYSE: CE), offer more near term upside.
Since being added to the Buy list on 4/14/2009, the shares have risen 159.7% versus the S&P 500 up 61.2%. Over the last 12 months the stock has risen 48.4% versus the S&P 500 up 12.8%.
For more ratings news on Albemarle click here and for the rating history of Albemarle click here.
Shares of Albemarle closed at $66.10 yesterday.
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