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Albemarle price target raised to $305 from $298 at Baird
The Fly

Albemarle price target raised to $305 from $298 at Baird

Baird analyst Ben Kallo raised the firm’s price target on Albemarle to $305 from $298 and keeps a Neutral rating on the shares. The analyst said strong 2022 results and a favorable five-year outlook are driven by continued high demand for EV inputs which are expected to uphold lithium prices in the near term.

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