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Fly News Breaks for January 15, 2020
HUN
Jan 15, 2020 | 06:11 EDT
BofA analyst Matthew DeYoe initiated coverage of Huntsman with a Buy rating and $27 price target, saying the stock offers an "attractive value opportunity" with added beta amid a macro recovery and also sees further catalysts for growth as the company deploys cash gained from its recent divestiture. The analyst adds that Huntsman management has stripped away "much of the noise" that has weighed on earnings growth recently, leaving the company with a portfolio of assets "built for growth".
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