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Huntsman price target lowered to $8.50 from $9 at Citi
['Fri', 'October', 'At Am Gmt']
Yahoo Finance
Citi analyst Patrick Cunningham lowered the firm’s price target on Huntsman (HUN) to $8.50 from $9 and keeps a Neutral rating on the shares as part of a Q3 earnings preview for the commodity chemicals group.
The firm reduced Q3 and Q4 EBITDA estimates by up to 12% citing weak seasonal demand growth and inventory surplus.
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