RBC Capital Maintains Sector Perform on Huntsman, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains a Sector Perform rating on Huntsman (NYSE:HUN) and raises the price target from $21 to $24.
October 11, 2024 | 5:51 pm
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POSITIVE IMPACT
RBC Capital has increased the price target for Huntsman from $21 to $24 while maintaining a Sector Perform rating. This suggests a positive outlook on the stock's potential performance.
The increase in price target from $21 to $24 by RBC Capital indicates a positive sentiment towards Huntsman's future performance. Maintaining a Sector Perform rating suggests that while the stock is expected to perform well, it may not outperform the sector. This is likely to have a positive short-term impact on the stock price as investors may view the raised target as a sign of confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100