Huntsman upgraded to Buy from Neutral at Goldman Goldman upgraded Huntsman based on the belief TiO2 has bottomed and offers cyclical leverage to a global economic recovery. Price target raised to $29 from $22.
News For HUN From The Last 14 Days
Check below for free stories on HUN the last two weeks.
Huntsman sees adjusted EBITDA of $2B over next 2-3 years Huntsman provided a near-term earnings target of $2.0B in adjusted EBITDA over the next two-to-three years. The company reported 2013 adjusted EBITDA of $1.2B. Comments made in investor day presentation slides.
Huntsman announced EC to proceed with investigation into Rockwood business Huntsman announced that it expects the European Commission to proceed with an in-depth investigation into Huntsman's proposed acquisition of Rockwood's Performance Additives and Titanium Dioxide businesses. The Commission would have up to 125 working days to make a final decision on whether the proposed transaction would significantly impede effective competition in the European economic area.