Jefferies Downgrades Huntsman (HUN) to Hold

Jefferies downgraded Huntsman (NYSE: HUN) from Buy to Hold with a price target of $12.00.

The firm comments, "While Huntsman should continue to participate in relief rallies as a high-beta stock, we believe sustained outperformance versus its peers hinges on confidence in the sustainability of TiO2 margins, on margin trends in MDI, and a revival in residential investment and refurbishment. The first two to be at risk, and the timing on the third uncertain."

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 $10.96 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• DA Davidson Downgrades Regions Financial (RF) to Neutral on Potential Revenue Shortfall
• Stifel Downgrades Exail Technologies SA (EXA:FP) to Hold
• Jefferies Downgrades Huntington Bancshares (HBAN) to Hold