Goldman Sachs Downgrades Huntsman (HUN) to Neutral

January 17, 2012 9:23 AM EST
Get Alerts HUN Hot Sheet
Price: $10.30 -0.19%

Rating Summary:
    8 Buy, 17 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Huntsman (NYSE: HUN) from Buy to Neutral with a price target of $14 (down from $16).

The firm cited a weak demand environment, near-term currency headwinds, high debt levels, and rising TiO2 ore prices.

For an analyst ratings summary and ratings history on Huntsman click here. For more ratings news on Huntsman click here.

Shares of Huntsman closed at $11.21 yesterday.


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