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Wells Fargo Remains a Hold on Huntsman (HUN)
In a report released on May 26, from Wells Fargo reiterated a Hold rating on Huntsman, with a price target of $14.00. The company’s shares closed yesterday at $14.74.
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The word on The Street in general, suggests a Hold analyst consensus rating for Huntsman with a $13.78 average price target, a -6.51% downside from current levels. In a report released on May 19, Deutsche Bank also maintained a Hold rating on the stock with a $15.00 price target.
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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