SunTrust analyst James Sheehan lowered his price target on Huntsman to $29 after its Q3 earnings miss and forecasts of Q4 free cash flow being "lower than seasonally expected", as disclosed in its accompanying conference call. The analyst still keeps his Buy rating on the stock, noting that in spite of the "persistent macro headwinds", Huntsman's MDI margins saw stabilization as inventory destocking appears to have "run its course". Sheehan adds that the 6.3-times forward EBITDA multiple on the stock offers some of the "best values" in the sector.