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Benzinga
Benzinga
Business
Wayne Duggan

Analyst: As Chemical Sector Takes A Hit, Here Are The 3 Best Stocks To Buy

As the commodity market shifts to an environment of stagflation and U.S. economic recession risks rise, Bank of America adjusted its coverage of chemical stocks on Tuesday.

The Analyst: Analyst Steve Byrne downgraded Chemours Co. (NYSE:CC) from Buy to Neutral and slashed his price target from $48 to $44. Byrne also double-downgraded Huntsman Corporation (NYSE:HUN) from Buy to Underperform and cut his price target from $45 to $34.

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