UBS Maintains Neutral Rating for Huntsman: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
UBS has maintained its Neutral rating for Huntsman (NYSE:HUN) but lowered its price target from $25.00 to $24.00. Huntsman's shares are currently trading up 0.65% at $23.22 per share. A move to $24.00 would represent a 3.36% increase from the current share price.
November 02, 2023 | 5:00 pm
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NEUTRAL IMPACT
UBS has maintained its Neutral rating for Huntsman but lowered its price target. This could potentially impact investor sentiment and the stock's price.
The news of UBS maintaining its Neutral rating for Huntsman but lowering its price target could have a mixed impact on the stock. While the maintained rating suggests that UBS does not see significant downside risk, the lowered price target could dampen investor sentiment and put some downward pressure on the stock price. However, the stock is currently trading up, suggesting that the market may have already priced in this news.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100