Jefferies analyst Laurence Alexander lowered his price target for Albemarle to $150 saying broader economic growth is reducing the company's scarcity premium. He keeps a Buy rating on the shares. The analyst highlights yesterday's "trifecta of bad news." First, SQM (SQM) announced an agreement with CORFO that gives the company a Chilean quota for lithium production from 2018-2030. Second, Orocobre announced financing for an expansion in Argentina. And third, media reports in Chile highlighted some nationalist rhetoric from junior government officials threatening potential nationalization of lithium assets, someday. The analyst notes Albemarle shares now trade 20% below their peak, and FMC (FMC) 8% below.