Seaport Global Securities Downgrades Chemtura Corporation (CHMT) to Neutral

October 3, 2016 8:29 AM EDT
Get Alerts CHMT Hot Sheet
Price: $33.15 --0%

Rating Summary:
    3 Buy, 8 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Seaport Global Securities downgraded Chemtura Corporation (NYSE: CHMT) from Buy to Neutral with a price target of $33.50 (from $34.00). Analyst Michael Harrison thinks the recent buyout offer from Lanxess at $33.50/share will be accepted.

For an analyst ratings summary and ratings history on Chemtura Corporation click here. For more ratings news on Chemtura Corporation click here.

Shares of Chemtura Corporation closed at $32.81 yesterday.

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