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Albemarle Corp. (ALB) shares recently traded at $84.83, surpassing the average 12-month analyst target price of $83.87. This movement may prompt analysts to either downgrade valuations or adjust their price targets higher, depending on the company’s fundamentals.
Twenty-three analysts are tracking Albemarle, with price targets ranging from $58 to $125. The standard deviation of the targets is $16.374. Current analyst ratings include 6 Strong Buys, 2 Buys, 15 Holds, and 2 Strong Sells, leading to an average rating of 2.57 on a scale where 1 is Strong Buy and 5 is Strong Sell.
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