RW Baird Initiates Chemtura With Outperform

Analysts at RW Baird initiated coverage on Chemtura Corporation (NYSE: CHMT) with a Outperform rating, according to sources.

The target price for Chemtura is set to $31.

Chemtura shares have gained 6.40% over the past 52 weeks, while the S&P 500 index has surged 14.02% in the same period.

Chemtura's shares closed at $26.25 on Friday.