Albemarle (ALB) Tops Q4 EPS by 5c

Go back to Albemarle (ALB) Tops Q4 EPS by 5c

Albemarle (ALB) PT Raised to $118 at Instinet Amid Extended Lithium Volume Ramp

March 1, 2017 8:37 AM EST

Instinet raised its price target on Albemarle (NYSE: ALB) to $118.00 (from $102.00) while maintaining a Buy rating amid Li volume ramp extends through 2021.

Analyst Aleksey Yefremov commented, "We see 4Q as confirmation of ALB's significant leverage to rising lithium pricing, with a majority of 30% q-q... More