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Fly News Breaks for March 12, 2018
ALB
Mar 12, 2018 | 08:08 EDT
Baird analyst Ben Kallo said the recent weakness in Albermarle is a buying opportunity. The analyst noted its approval from Chile to increase lithium production, which he said will strengthen its market position while the market will remain tight and the company's investment will support long-term growth. Kallo reiterated his Outperform rating and $152 price target on Albermarle shares.