Barclays Maintains Equal-Weight on Chemours, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has maintained an Equal-Weight rating on Chemours (NYSE:CC) but lowered the price target from $32 to $30.
April 02, 2024 | 6:13 pm
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Barclays maintains an Equal-Weight rating on Chemours but lowers the price target from $32 to $30.
The reduction in price target by Barclays, a major financial institution, could lead to a negative perception among investors regarding Chemours' future financial performance. This adjustment reflects a less optimistic outlook on the company's stock value, potentially influencing short-term trading behavior negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100