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Albemarle price target lowered to $65 from $85 at Truist

Truist lowered the firm’s price target on Albemarle (ALB) to $65 from $85 and keeps a Hold rating on the shares as part of a broader research note on Chemicals. Given the unfolding “tariff saga”, the firm has updated its models, and while the new estimates do not assume a significant recession, they do incorporate more limited expectations for underlying demand growth in 2025-2026, the analyst tells investors in a research note.

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