Huntsman Likely To Post Sharp Decline In Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Huntsman Corporation (HUN) is expected to report a sharp decline in its Q2 earnings, with analysts predicting earnings of 30 cents per share, down from $1.28 per share a year ago. The company's revenue is expected to be around $1.7 billion. Huntsman shares rose 2.1% to close at $29.74 on Friday. Several analysts have recently adjusted their price targets for the company, with changes ranging from a decrease to $29 to an increase to $33.
July 31, 2023 | 1:09 pm
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Huntsman Corporation is expected to report a significant drop in Q2 earnings. This news, combined with recent changes in price targets by analysts, could influence the company's stock price.
The expected sharp decline in Huntsman's Q2 earnings is a negative signal for investors, which could lead to a decrease in the company's stock price. Additionally, the recent changes in price targets by analysts could further influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100