Albemarle Stock Is a Sell Because Lithium Pricing Is Double-Edged Sword, Analyst Says
Bank of America analyst Matthew DeYoe downgrades shares of Albemarle to Sell and upgrades shares of Livent to Buy. Lithium pricing is a big reason.
Stay updated with breaking news from Analysts 39 Comments. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Bank of America analyst Matthew DeYoe downgrades shares of Albemarle to Sell and upgrades shares of Livent to Buy. Lithium pricing is a big reason.
BofA Global Research analyst Wamsi Mohan raised his price target on Apple stock to $168 from $158, but he's still at Neutral on the shares.
AMC Entertainment reaches a settlement that will allow it go ahead with converting its AMC Preferred Equity units into common shares, while Virgin Orbit files for Chapter 11 bankruptcy protection.
AMC Entertainment stock tumbled early Tuesday but its preferred shares climbed as the movie-theater operator said it reached a settlement with shareholders over its planned stock conversion.
The downgrade from Northcoast analyst Chris Olin comes only three weeks after he initiated coverage.