Tag: Citigroup

  • Here’s Why Albemarle Could Race Even Higher

    Here’s Why Albemarle Could Race Even Higher

    Lithium stocks, like Albemarle, are on the run. For one, lithium prices are on the rebound. After a brief pullback, the supply-demand issue is forcing lithium prices higher again. Even analysts at Citigroup just said the collapse in lithium price is likely to be over, and prices could rebound by as much as 40% by…

  • This is Why Nio Inc. Could be Headed to $40, Near-Term

    This is Why Nio Inc. Could be Headed to $40, Near-Term

    At this point, we wouldn’t be shocked to see Nio Inc. (NIO) at $40. Since bottoming out in May 2020 around $3.20, the EV stock is up to $28.81. Analysts at Citigroup say buy, boosting their price target by just over 82% to $33.20 from $18.10.  The firm believes NIO has a “very strong” order…