Lithium processors prepare to meet demand in era of electric car

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Albemarle (ALB) PT Raised to $109 at Vertical Research Partners on 2Q Report; 'Impressive Lithium Sales Growth'

August 9, 2017 10:21 AM EDT

Vertical Research Partners raised its price target on Albemarle (NYSE: ALB) to $109.00 (from $108.00) while maintaining a Hold rating, following the company's second quarter earnings report.

Analyst Ray Young notes the company delivered second quarter earnings per share and revenue results above consensus... More