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ALB Maintains by Citigroup -- Price Target Raised to $210
Citigroup analyst Patrick Cunningham has maintained a Neutral rating on Albemarle (ALB) while raising the price target to $210.00 from $190.00. The company is considered significantly overvalued by GuruFocus’s GF Value™ at $77.81 compared to its current price of $196.74, despite having a moderate GF Score™ of 73/100, which indicates strengths in profitability and growth. Insider activity shows $4.3 million in sales over the last three months, suggesting a lack of confidence among insiders.