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Huntsman (HUN) Gets a Sell from Goldman Sachs

Tipranks - Tipranks - Wed May 6, 7:24AM CDT

In a report released yesterday, Duffy Fischer from Goldman Sachs maintained a Sell rating on Huntsman, with a price target of $15.00. The company’s shares closed yesterday at $14.22.

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Fischer covers the Basic Materials sector, focusing on stocks such as Cf Industries Holdings, FMC, and Huntsman. According to TipRanks, Fischer has an average return of 11.2% and a 57.59% success rate on recommended stocks.

In addition to Goldman Sachs, Huntsman also received a Sell from Bank of America Securities’s Matthew DeYoe in a report issued yesterday. However, on the same day, Citi assigned a Hold rating to Huntsman (NYSE: HUN).

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Based on Huntsman’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.42 billion and a GAAP net loss of $53 million. In comparison, last year the company earned a revenue of $1.41 billion and had a GAAP net loss of $4 million

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