RBC Capital Maintains Sector Perform on Huntsman, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan has maintained a 'Sector Perform' rating on Huntsman Corporation (NYSE:HUN) but has reduced the price target from $21 to $20.

January 22, 2024 | 5:38 pm
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RBC Capital has maintained a 'Sector Perform' rating on Huntsman Corporation but lowered the price target from $21 to $20, indicating a potential limited upside or a cautious view on the stock's valuation.
The reduction in price target by RBC Capital suggests a more conservative valuation of Huntsman Corporation, which could lead to subdued investor expectations and potentially a neutral short-term impact on the stock price. The 'Sector Perform' rating indicates that the analyst views the company as likely to perform in line with the average returns of the sector, implying no significant short-term movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100