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Albemarle (ALB) Stock Price Target Upped at Keybanc

NEW YORK (TheStreet) -- Albemarle Corp. (ALB - Get Report) price target was raised to $72 from $62 at Keybanc on Thursday morning. The firm also reiterated its "overweight" rating.

The Baton Rouge, LA-based company is a developer, manufacturer and marketer of specialty chemicals across a range of end markets, such as petroleum refining, consumer electronics and plastics.

"We sense the company has solid momentum in a variety areas (integration, Lithium, catalyst pricing, de-leveraging etc.), which should build investor confidence that it can continue to consistently meet or beat expectations," Keybanc wrote in a note.

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