Albemarle (ALB) Misses Q4 EPS by 4c, Revenue Falls Short

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UPDATE: Baird Downgrades Albemarle (ALB) to Neutral

January 30, 2015 6:40 AM EST

(Updated - January 30, 2015 8:26 AM EST)

Baird downgraded Albemarle (NYSE: ALB) from Outperform to Neutral with a price target of $46.00 (from $68.00). The change follows Q4 results.

Analyst Ben Kallo said, "ALB reported OK Q4 results but the company will face significant FX and... More