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RBC Capital Sticks to Its Hold Rating for Huntsman (HUN)

Tipranks - Tipranks - Sat Apr 11, 8:58PM CDT

In a report released yesterday, Arun Viswanathan from RBC Capital maintained a Hold rating on Huntsman, with a price target of $14.00.

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According to TipRanks, Viswanathan is a 3-star analyst with an average return of 1.5% and a 52.51% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Dow Inc, Albemarle, and Celanese.

In addition to RBC Capital, Huntsman also received a Hold from TipRanks – Anthropic’s Anthropic Chemicals in a report issued on April 9. However, on April 8, TipRanks – Anthropic downgraded Huntsman (NYSE: HUN) to a Sell.

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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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