Berenberg analyst Andres Castanos-Mollor raised the firm’s price target on Albemarle (ALB) to $153 from $135 and keeps a Hold rating on the shares. The lithium price rally has driven the share prices of lithium producers to more than double from their mid-2025 lows, the analyst tells investors in a research note. The firm believes SQM and Albemarle trade above their fundamental valuation levels.
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