Albemarle Stock Upgraded on Lithium Demand, Higher Prices

Albemarle Corp (NYSE:ALB) stock is up 2.5% to trade at $162.03 at last glance, after an upgrade at Baird to "outperform" from "neutral," with a price-target hike to $210 from $113. The analyst in coverage noted strong lithium demand and higher prices.There's plenty of room for additional bull notes, with nine of the 26 analysts in coverage still carrying a tepid "hold" or worse, while the 12-month consensus target price of $135.43 is a 16.3% discount to current levels.ALB is pacing for its fourth-straight g ...