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Huntsman (HUN) Gets a Buy from Alembic Global

Tipranks - Tipranks - Wed Apr 1, 12:00PM CDT

In a report released today, Hassan Ahmed from Alembic Global maintained a Buy rating on Huntsman, with a price target of $14.00.

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Ahmed covers the Basic Materials sector, focusing on stocks such as Westlake Corporation, Huntsman, and LyondellBasell. According to TipRanks, Ahmed has an average return of 3.7% and a 46.17% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Huntsman with a $12.44 average price target.

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Based on Huntsman’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.36 billion and a GAAP net loss of $96 million. In comparison, last year the company earned a revenue of $1.45 billion and had a GAAP net loss of $141 million

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