09:25 AM EDT, 10/10/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month price target at $12 on a forward P/E of 25x our 2026 EPS view of $0.46 (cut by $0.17), higher than the forward P/E average from September 2018 to August 2021 of 19.3x, as we think lithium pricing will expand roughly 30%-50% from these levels in 2026. Our multiple also takes into account risk from U.S. tensions with China (~36% of ALB's total sales). We cut our 2025 EPS view by $0.13 to -$1.05. Our rating is supported by our DCF, which yields a negative value using a terminal growth rate of 2.5%, WACC of 8.9%, and 10-year FCFF CAGR of -9.5%. With lithium pricing declining from 2025 highs in August (~$13/kg vs. ~$11/kg currently) and with expectations that the Jianxiawo mine will be up and running sooner than initially expected (leading to increased supply), we have updated our estimates. Despite the 33% increase in shares over the past month, a move we disagree with, given consensus 2026 EPS estimates have been cut ~58% during that same period, we keep our Strong Sell view.