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Analysts Conflicted on These Materials Names: Calumet Specialty Products (CLMT) and FMC (FMC)

Tipranks - Sat Feb 7, 7:14AM CST

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Calumet Specialty Products (CLMTResearch Report) and FMC (FMCResearch Report).

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Calumet Specialty Products (CLMT)

In a report released today, Conor Fitzpatrick from Bank of America Securities maintained a Buy rating on Calumet Specialty Products, with a price target of $28.00. The company’s shares closed last Thursday at $24.54, close to its 52-week high of $25.29.

Fitzpatrick has an average return of 30.1% when recommending Calumet Specialty Products. ;'>

According to TipRanks.com, Fitzpatrick is ranked #3808 out of 12040 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Calumet Specialty Products with a $26.00 average price target, representing a 7.1% upside. In a report issued on January 30, Goldman Sachs also maintained a Buy rating on the stock with a $24.00 price target.

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FMC (FMC)

In a report released yesterday, Arun Viswanathan from RBC Capital maintained a Hold rating on FMC, with a price target of $14.00. The company’s shares closed last Thursday at $13.67.

According to TipRanks.com, Viswanathan is a 3-star analyst with an average return of 0.8% and a 53.8% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. ;'>

Currently, the analyst consensus on FMC is a Hold with an average price target of $16.55, which is a 9.7% upside from current levels. In a report issued on January 22, TipRanks – PerPlexity also upgraded the stock to Hold with a $15.00 price target.

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