Barclays lowered the firm’s price target on Chemours (CC) to $19 from $23 and keeps an Equal Weight rating on the shares. The firm thinks new management is executing well to “better re-position and stabilize” Chemours after a volatile 2024. However, difficult end markets and the company’s leverage continue to make the recovery pathway less clear, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CC:
- Chemours price target lowered to $27 from $34 at BMO Capital
- Chemours Company: Balancing Strong Q4 Performance with Cautious Outlook Amid Market Pressures
- Chemours launches Ti-Pure TS-6706
- Chemours Faces Operational Risks Amid Rising US Tariffs and Global Trade Tensions
- Chemours Company Reports 2024 Financial Results