Chemours shares are trading higher after BMO Capital upgraded the stock from Market Perform to Outperform and raised its price target from $19 to $34.
Portfolio Pulse from Benzinga Newsdesk
Chemours shares surged following an upgrade by BMO Capital from Market Perform to Outperform, with a significant increase in the price target from $19 to $34.
April 09, 2024 | 12:13 pm
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POSITIVE IMPACT
Chemours stock experienced a notable increase after BMO Capital upgraded the stock to Outperform and raised the price target from $19 to $34.
The upgrade by BMO Capital from Market Perform to Outperform, accompanied by a significant raise in the price target from $19 to $34, indicates a strong positive outlook on Chemours by the analyst. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price as market participants react to the upgraded status and higher price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100