The Fly

Albemarle price target raised to $325 from $300 at Mizuho

Mizuho analyst Christopher Parkinson raised the firm’s price target on Albemarle to $325 from $300 and keeps a Neutral rating on the shares. The analyst left the company’s strategic update more constructive on 2023 estimates. The firm is still bullish on intermediate-term demand, but sees Albemarle putting forth a higher bar verses what it anticipated into the event.

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