Albemarle Corporation (NYSE:ALB) is listed among the 11 Best Mineral Stocks to Buy According to Hedge Funds due to strong interest from hedge funds. Wells Fargo raised its price target on ALB from $60 to $75 on July 14, 2025, maintaining an ‘Equal Weight’ rating. ALB’s share price has risen by 7.35% since then, reaching $77.15, driven by strong momentum in the specialty chemicals equity market.
On the same day, KeyBanc reduced ALB’s price target from $95 to $87 while maintaining an ‘Overweight’ rating. Zacks Research issued a ‘Hold’ rating for ALB due to weak revenue expectations, anticipating a 15% drop in current quarter sales to $1.21 billion. Albemarle Corporation (NYSE:ALB) offers lithium compounds through its Energy segment, serving consumer electronics and the EV market, making it a part of the Best Material Stocks list.
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Read more at Yahoo Finance: Wells Fargo Increases PT on Albemarle Corporation (ALB) from $60 to $75; Maintains ‘Equal Weight’ Rating
