Lithium Deficit Could Boost Albemarle (ALB) Stock, Says UBS

Albemarle Corporation (NYSE:ALB) is included among the 15 Best Stocks to Buy for the Long Term. Lithium Deficit Could Boost Albemarle Stock, Says UBS Image by Alexsander-777 from Pixabay UBS upgraded Albemarle Corporation (NYSE:ALB) to Buy from Neutral on December 5, and also raised its price target to $185 from $107. The update came as the firm expects growing energy storage demand, coupled with years of slower capacity expansion in the West, to create a lithium market deficit by 2026. Rising lithium p ...