Albemarle Corporation shares rise 3.18% premarket after Truist Securities raised price target to $72.

Albemarle Corporation rose 3.18% in premarket trading. The increase in stock price can be attributed to Truist Securities raising its price target on Albemarle to $72 from $65, although maintaining a hold rating. Additionally, the overall market sentiment was positive as stocks gained pre-bell, with investors anticipating more earnings reports.