Huntsman (HUN) Sees Trends Impacting Q3, Reaffirms Strategic Initiatives

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Jefferies Cuts Price Target on Huntsman (HUN) Following Preannouncement that Raises Flags

September 28, 2015 11:32 AM EDT

Jefferies reiterates a Buy rating on Huntsman (NYSE: HUN), and cuts the price target to $23.00 (from $26.00), following the company's preannouncement that flagged headwinds. Whereas August destocking was both expected and widely discussed among the chemical industry, Huntsman's caution on the balance of 2H15 flagged... More