ALBEMARLE CORP (ALB) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ALBEMARLE CORP (ALB) from NEUTRAL to UNDERPERFORM on October 22, 2012, with a target price of $53.30.

Albemarle Corporation is a major producer of fine and performance chemicals including polymer intermediates, cleaning product intermediates and additives, agricultural chemical intermediates, pharmaceutical intermediates, catalysts, brominated flame retardants, bromine chemicals and potassium and chlorine chemicals.

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