Chemours (CC) Tops Q3 EPS by 28c; adj.-EBITDA Rose ~59%

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Go back to Chemours (CC) Tops Q3 EPS by 28c; adj.-EBITDA Rose ~59%

Jefferies Raises Price Target on Chemours (CC) to $17; Reiterates Hold

November 8, 2016 7:39 AM EST

Jefferies reiterated a Hold rating on Chemours (NYSE: CC), and raised the price target to $17.00 (from $15.00), following the company's 3Q earnings report. Adjusted EBITDA was $268m, ahead of consensus of $202m and reflected $60m of cost reductions and ~$54m of raw material benefits.

Analyst Laurence... More