Truist analyst Peter Osterland raised the firm’s price target on Albemarle (ALB) to $125 from $91 and keeps a Hold rating on the shares. The firm is boosting its FY26 EPS view to 16c from (45c) amid recent strength for lithium prices, which Truist expects will support improved earnings and margins in the Energy Storage business in the near term, the analyst tells investors in a research note. Truist adds that it sees potential for stronger than expected demand growth, including into the fast-emerging stationary energy storage market.
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