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Fly News Breaks for June 10, 2019
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Jun 10, 2019 | 08:58 EDT
Jefferies analyst Laurence Alexander lowered his price target for Chemours to $30 from $48 while keeping a Buy rating on the shares. The PFAS litigation news cycle will likely extend several years, driving "investor fatigue" on Chemours shares, even if some of the nearer-term litigation is resolved favorably, Alexander tells investors in a research note.
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