Mizuho raised the firm’s price target on Albemarle (ALB) to $132 from $110 and keeps a Neutral rating on the shares as part of its 2026 outlook for the chemicals, agriculture and packaging sector. China’s increased exports are weighing on most basic chemical markets, the analyst tells investors in a research note. Mizuho believes the March quarter is set to begin as weak as the December quarter ended for most companies.
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