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Scotiabank lowers Albemarle's target price by 10.38%, citing poor performance and missed earnings.
Scotiabank lowered Albemarle's (NYSE: ALB) target price to $75, marking a potential 10.38% decrease.
Other firms like Morgan Stanley and BMO have also adjusted their target prices and ratings.
Albemarle, which operates in specialty chemicals, reported a negative net margin of 28.80% and missed earnings expectations.
Institutional investors own 92.87% of the stock.
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Scotiabank baja el precio objetivo de Albemarle en un 10,38%, citando el mal desempeño y las ganancias perdidas.