Albemarle (ALB) Prices Upsized 40M Share Offering at $50/sh
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Albemarle (ALB) issuance of preferred equity necessary to rule out a credit downgrade - KeyBanc
March 7, 2024 8:11 AM ESTAfter Albemarle (NYSE: ALB) recently announced its intent to offer $1.75 billion of convertible preferred equity, analysts at KeyBanc Capital Markets said it was necessary to rule out a credit downgrade.
The firm, which lowered its price target for the Buy-rated stock to... More
