Chemours (CC) Price Target Lifted by Mizuho Amid Higher Market Multiples

The Chemours Company (NYSE:CC) ranks among the best specialty chemicals stocks to invest in. Mizuho maintained its Outperform rating on The Chemours Company (NYSE:CC) and raised its price target from $16 to $19 on September 23. The increase is mostly attributable to higher market multiples, as Mizuho used a higher multiple of roughly 6.5x next-twelve-months EBITDA instead of the previous 6.0x multiple. With the impending DuPont split, Qnity’s recent bond offering, and rumors of a possible Corteva split, ...