Huntsman Announces Third Quarter Dividend
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Nomura Securities Cuts Price Target on Huntsman (HUN) to $19 as Shares Trade Down
September 20, 2016 7:49 AM EDTNomura Securities maintained a Buy rating on Huntsman (NYSE: HUN), and cut the price target to $19.00 (from $20.00), as shares trade down 14.9%. Nomura cut 3Q EBITDA estimates by $39mn and 4Q by $27mn. The cut to 2H16 estimates is likely to delay but not derail Nomura's positive thesis on HUN.... More
