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Huntsman (HUN) Receives a Buy from Alembic Global
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, LyondellBasell, and Olin. According to TipRanks, Ahmed has an average return of 3.7% and a 46.17% success rate on recommended stocks.
Currently, the analyst consensus on Huntsman is a Hold with an average price target of $12.44.
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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