Information Provided By: 
Fly News Breaks for April 1, 2019
ALB
Apr 1, 2019 | 09:47 EDT
Goldman Sachs analyst Robert Koort attributes Friday's strength in shares of Albemarle despite the fact that the company lowered its Q1 guidance to " an overplayed bear thesis," noting that short interest in the stock remains high at 12% of the float. Despite lowering his full year 2019, 2020, and 2021 EBITDA estimates slightly, Koort keeps a Buy rating and $127 price target on Albemarle, citing what he sees as the defensiveness of its contract structure, customer relationships, and diversified footprint.
News For ALB From the Last 2 Days
There are no results for your query ALB
