By: Benzinga
UPDATE: Citigroup Downgrades Albemarle Corporation to Neutral on Weaker Trends
Citigroup downgraded Albemarle Corporation (NYSE: ALB ) from Buy to Neutral and lowered the price target from $74.00 to $71.00. Citigroup commented, "We are downgrading ALB to Neutral given several headwinds in two of its businesses. Some of these headwinds may fade by 2H13, but we see only 4% EPS
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