Chemtura Corporation Signs Agreement to Purchase Pension Group Annuity Contract
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Baird Cuts Price Target on Chemtura (CHMT) to $33 Following a Weak 4Q
February 24, 2016 7:18 AM ESTBaird maintained an Outperform rating on Chemtura Corporation (NYSE: CHMT), and cut the price target to $33.00 (from $35.00), following the company's 4Q earnings report. CHMT reported net sales of $399M missing consensus estimates of $420.1M. Non-GAAP EPS was $0.44, also missing consensus estimates at $0.41.
Analyst Ben... More
Baird Remains Bullish on Chemtura (CHMT) Following a Mixed 4Q Report
February 23, 2016 7:14 AM ESTBaird reiterated an Outperform rating and $35.00 price target on Chemtura Corporation (NYSE: CHMT) following the company's 4Q earnings report. CHMT reported net sales of $399M missed consensus estimates of $420.1M. Non-GAAP EPS was $0.44, ahead of $0.41 consensus. CHMT also announced pension plan changes which will... More
