ALB Maintained by Mizuho -- Price Target Lowered to $185
Mizuho analyst John Roberts has maintained a "Neutral" rating on Albemarle Corporation (ALB) but lowered the price target from $205 to $185, reflecting a 9.76% decrease. The stock is considered 61.7% overvalued based on its GF Value™ of $83.50 against a current price of $135.03, despite a solid GF Score™ of 75/100. Recent insider selling of $3.0 million further suggests a cautious outlook for the lithium producer.
https://www.gurufocus.com/news/8940772/alb-maintained-by-mizuho-price-target-lowered-to-185