Analyst Vincent Andrews from Morgan Stanley maintained a Hold rating on Huntsman (HUN – Research Report) and keeping the price target at $13.50.
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Vincent Andrews has given his Hold rating due to a combination of factors impacting Huntsman’s financial outlook. The revised earnings per share (EPS) and EBITDA estimates for the upcoming quarters and years indicate a challenging environment for the company. Specifically, the EPS for 2025 has been adjusted downward, reflecting a more pessimistic view compared to previous estimates and consensus expectations.
Additionally, the adjustments in EBITDA forecasts highlight concerns over weaker-than-expected construction activity, which is negatively affecting the Polyurethanes and Performance Products segments. The slower progress in Huntsman’s projects within the Performance Products segment, coupled with reduced margins and operating leverage, further contribute to the cautious outlook. These factors collectively justify the Hold rating, suggesting that while there are challenges, there may not be immediate catalysts for significant stock price movement.
According to TipRanks, Andrews is a 4-star analyst with an average return of 5.0% and a 61.66% success rate. Andrews covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Westlake Corporation, and Cf Industries Holdings.