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Fly News Breaks for April 12, 2019
ALB
Apr 12, 2019 | 07:17 EDT
KeyBanc analyst Michael Sison reiterated an Overweight rating on Albermarle but lowered his price target to $110 from $120, saying that despite the Q1 Lithium shortfall, he still thinks Lithium is poised for strong 20% volume growth. He tells investors in a research note that he believes Albermarle has the runway to achieve a strong double digit EBITDA CAGR over the next several years.
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