Albemarle cut to Sell at UBS, seeing continued lithium glut

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Lithium abstract concept

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Albemarle (NYSE:ALB) -4.1% in Friday's trading, a day after shares posted their highest close since March, as UBS downgraded to Sell from Neutral with a $57 price target, lowered from $64, believing lithium markets will remain oversupplied through 2026, weighing on prices and adding to

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