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Fly News Breaks for January 15, 2019
ALB
Jan 15, 2019 | 07:18 EDT
Nomura Instinet analyst Aleksey Yefremov downgraded Albemarle to Neutral from Buy and lowered his price target for the shares to $85 from $90. The analyst expects lithium price data points to surprise negatively in coming months. These data points could drive Albemarle's trading multiples lower, Yefremov tells investors in a research note.
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