Truist raises Albemarle PT on lithium market momentum; shares rise

Albemarle

17/12/2025 14:15

** Truist Securities raises PT on lithium miner Albemarle ALB.N to $125 from $91, a downside of 4.6% to the stock's last close

** ALB up 4.2% at $136.30 premarket as lithium prices surge after China revokes mining licenses

** Brokerage expects lithium price momentum to support improved earnings and margins in the near-term for ALB's energy storage business

** "We see potential for stronger than expected demand growth, including into the fast-emerging stationary
 energy storage market" - Truist

** 9 of 27 brokerages rate stock "buy" or higher, 17 "hold" and 1 "sell"; median PT is $113 - data compiled by LSEG

** As of last close, ALB up 52.3% YTD

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))