MarketBeat Analyst action
Albemarle (NYSE:ALB) Rating Lowered to "Hold" at Wall Street Zen
Wall Street Zen has downgraded Albemarle (NYSE:ALB) from a "Buy" to a "Hold" rating, despite the broader analyst consensus remaining a "Moderate Buy" with a $190.26 average price target. The company recently surpassed quarterly earnings expectations, reporting $3.75 EPS against a $3.20 consensus and revenue of $1.74 billion, a 31.1% year-over-year increase. Albemarle shares opened at $136.07, significantly …