Morgan Stanley Upgrades Albemarle (ALB) to Equalweight

Morgan Stanley analyst Vincent Andrews upgraded Albemarle (NYSE: ALB) from Underweight to Equalweight with a price target of $147.00 (from $58.00).

The analyst comments "ESS shipment spike > than weaker post-subsidy EV demand. Prior MSe 2028 ~$14K MT LCE now in 2026. ESS shipments > installs and EV destocking are risks, but balance sheet leverage metric risk is solved for now, though volume growth and cash flow limited. PT to $147 (midpoint of Base/Bull cases)."

For an analyst ratings summary and ratings history on Albemarle click here. For more ratings news on Albemarle click here.

Shares of Albemarle closed at $132.74 yesterday.

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