** Shares of lithium miner Albemarle ALB.N down 4.15% at $71.18 in morning trading
** UBS downgrades stock rating to "sell" from "neutral" and trims PT to $57 from $64
** UBS says lithium supply and demand remains unfavorable with less cost curve support** Brokerages expects the lithium supply surplus to persist through 2026 and expects the market to tighten through 2027
** ALB can't leverage potential supply at lower pricing, UBS says
** 10 of 28 brokerages rate stock "buy" or higher, 15 "hold" and three "sell" or lower; their median PT is $75 - data compiled by LSEG
** Stock down ~17% YTD
(Reporting by Joel Jose in Bengaluru)
((joeljose@thomsonreuters.com;))
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