** Lithium miner Albemarle's ALB.N shares fall ~1% to $74.54 premarket

** Brokerage Citigroup cuts PT to $85 from $105

** New PT is a 13% upside to stock's last close

** Citi estimated lithium pricing in Q4 at $11,000 per tonne, lower than its ~$13,000 per tonne estimate previously in 2024

** For FY 2025, brokerage lowers pricing estimate to ~$11,500 per tonne from ~$12,700 a tonne previously

** Citi says it remains on the sidelines for ALB stock

** Of the 28 brokerages that cover the stock, eight rate it "buy" or higher, 17 "hold" and three rate it "sell" or lower; their median PT is $100 - data compiled by LSEG

** In 2024, stock fell 40.4%

(Reporting by Vallari Srivastava in Bengaluru)

((Srivastava.Vallari@thomsonreuters.com;))