Huntsman Identifies Trends Impacting Third Quarter 2015 And Reaffirms Strategic Initiatives
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Jefferies Cuts Price Target on Huntsman (HUN) Following Preannouncement that Raises Flags
September 28, 2015 11:32 AM EDTJefferies reiterates a Buy rating on Huntsman (NYSE: HUN), and cuts the price target to $23.00 (from $26.00), following the company's preannouncement that flagged headwinds. Whereas August destocking was both expected and widely discussed among the chemical industry, Huntsman's caution on the balance of 2H15 flagged... More
Huntsman (HUN) Sees Trends Impacting Q3, Reaffirms Strategic Initiatives
September 25, 2015 4:32 PM EDTHuntsman Corporation (NYSE: HUN) identified certain trends which are expected to impact its third quarter earnings.
Lower titanium dioxide selling prices, particularly in North AmericaContinued year-on-year foreign currency headwindSoft demand in the Asia Pacific regionLower MTBE margins... More