Securities adjusted its outlook on Albemarle Corporation (NYSE:ALB), a leading producer of lithium, by reducing its price target from $105.00 to $90.00, while keeping a Neutral rating on the stock.
Albemarle Corporation on Wednesday, February 12, 2025 announced fourth quarter net sales of $1.2 billion, and net income of $75 million, or 29 cents per share.
Albemarle will cut costs in 2025 as it continues to deal with the drop in lithium prices, a critical mineral in the electric-vehicle industry.
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Albemarle, the world's largest producer of lithium, said on Wednesday it swung to a quarterly profit as cost cuts helped ...
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Albemarle , the world's largest producer of lithium, swung to a quarterly profit as cost cuts helped offset low prices of the ...
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Retirement Systems of Alabama decreased its stake in Albemarle Co. (NYSE:ALB – Free Report) by 2.5% during the 4th quarter, ...
Albemarle's cyclicality may attract savvy investors, and how a flat price can yield 22% annually. Click here to find out why ...
Albemarle (NYSE:ALB – Get Free Report) will likely be posting its quarterly earnings results after the market closes on ...
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