"Helping, Deutsche Bank upgraded ALB to a buy rating with a $185 price target. Analysts at Baird also upgraded ALB to a buy with a price target of $210. "We are incrementally positive given the recent increase in lithium prices... and our view that demand strength stemming from stationary storage will continue to propel ALB higher," Baird analysts wrote, as noted by Seeking Alpha. Analysts at Truist also just upgraded ALB to a buy rating with a price target of $205."
"The firm believes AMD will deliver results and guidance above market expectations, largely due to strong momentum in server CPU demand and solid uptake of its latest Turin processors. KeyBanc also says that major cloud customers are already locking in capacity for 2026, with AMD's server CPU supply nearly fully booked through the end of that year and the company evaluating possible price increases in the 10% to 15% range."
Albemarle shares jumped from about $162 to $179 amid tightening lithium supply-demand dynamics and multiple analyst upgrades. Deutsche Bank, Baird, and Truist raised ratings and set price targets between $185 and $210, citing higher lithium prices, improved production discipline, and demand driven by stationary storage and electric vehicles. Advanced Micro Devices rose after appointing former Accenture CFO KC McClure to its board and receiving a KeyBanc overweight with a $270 target, supported by strong server CPU demand and Turin processor uptake with bookings into 2026. Intel climbed from around $35 to $53.92, gaining about 11% ahead of earnings.
Read at 24/7 Wall St.
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