Barclays Remains Bullish on Chemours (CC)

Barclays reiterated an Overweight rating and $60.00 price target on Chemours (NYSE: CC) after spending time with management. Analyst Duffy Fischer came away believing the largest drivers of the higher earnings guidance are: A) better Opteon volumes, and B) higher base refrigerant pricing.

Cash flow should be very strong over the next few years. On CC's earlier guidance, which they hinted in the release needs to move higher, the FCF yield averages 9.4% through 2020.

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

Shares of Chemours closed at $46.20 yesterday.

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