Evercore ISI downgraded Albemarle (ALB) to In Line from Outperform with a price target of $88, down from $170. With “little reason to believe”

Albemarle (NYSE:ALB) -2.6% in Wednesday's trading as Evercore ISI downgrades the lithium producer to In-Line from Outperform with an $88 price target, slashed from $170, as it sees little reason to believe a lithium price recovery is in store this year,

Evercore ISI analyst Stephen Richardson downgraded Albemarle Corporation (NYSE:ALB) stock from Outperform to In Line, setting a new price target of $88.00. The company, currently valued at approximately $9.

Albemarle (ALB – Research Report) received a Hold rating and price target from Evercore ISI analyst Eric Boyes today. The company’s shares