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Specialty chemical maker Albemarle (ALB -5.4%) is down this morning after Oppenheimer cut the...

Specialty chemical maker Albemarle (ALB -5.4%) is down this morning after Oppenheimer cut the the stock to outperform, citing margin pressure from consumer electronics de-stocking and the impact from slack crude prices.
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Comments (1)
  • steve_coker
    , contributor
    Comment (1) | Send Message
     
    I believe that cut was to "underperform" not "outperform".
    And the analyst is presuming we are in a recession ... kind of a stretch.
    16 Aug 2011, 03:21 PM Reply Like
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