Albemarle Introduces Project Plan for the Kings Mountain Mine to Community

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Argus Reiterates Buy Rating on Albemarle (ALB)

June 12, 2024 2:50 PM EDT

Argus analyst Bill Selesky reiterated a Buy rating and $166.00 price target on Albemarle (NYSE: ALB).

The analyst comments "Recent weakness offers buying opportunity Albemarle reported 1Q24 adjusted net income of $2.4 million or $0.26 per diluted share, down from $1.24 billion or $10.32 per share in the prior-year quarter. The... More