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 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 ...