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Huntsman (HUN) Receives a Hold from Wells Fargo

Tipranks - Thu Jun 18, 9:50AM CDT

Wells Fargo analyst assigned a Hold rating to Huntsman today and set a price target of $14.00.

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In addition to Wells Fargo, Huntsman also received a Hold from Mizuho Securities’s John Roberts CFA in a report issued yesterday. However, on the same day, Bank of America Securities maintained a Sell rating on Huntsman (NYSE: HUN).

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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