Albemarle’s Lithium Math Turns Brutal
Albemarle (ALB) stock dipped as JPMorgan cut earnings estimates and its price target to $140 over lower lithium prices.
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Albemarle (NYSE:ALB) affirms FY2026 sales outlook from $5.700 billion-$6.000 billion to $5.700 billion-$6.000 billion vs $6.334 billion estimate.
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Albemarle (ALB) stock dipped as JPMorgan cut earnings estimates and its price target to $140 over lower lithium prices.
Read original at benzingaWall Street clawed back Monday's AI selloff as Brent slid below $90 and 10-year yields eased from 20-month highs.
Read original at benzingaJP Morgan analyst Jeffrey Zekauskas maintains Albemarle (NYSE:ALB) with a Neutral and lowers the price target from $160 to $140.
Read original at benzinga