Albemarle gains as BofA upgrades rating to 'buy'
ReutersFeb 17, 2026 12:47 PM
Shares of lithium miner Albemarle ALB.N up 1.4% to $168.62 premarket
BofA Global Research upgrades rating to "buy" from "neutral", raises PT to $190 from $167
The new PT represents a 14.2% upside to the stock's closing price
Brokerage believes lithium pricing has moved beyond a purely headline-driven rebound and is increasingly supported by improving supply-demand fundamentals
"With disciplined capital allocation and a portfolio positioned to benefit from sustained EV and Energy Storage System demand, we see improved earnings visibility and attractive upside, " -BofA
15 of 26 brokerages rate the stock "buy" or higher and 11 "hold"; median PT is $196.66- data compiled by LSEG
In 2025, ALB was up 64.3%
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