Hunstman hustles higher on upgrade, rumor of interest in Tronox

Huntsman (HUN +2.6%) is upgraded to Buy from Hold with a $24 price target at KeyBanc based on valuation and earnings upside driven by further improvement in the polyurethanes and performance products segments, which account for more than 70% of sales.

The firm also sees the possibility of portfolio changes in coming quarters as another positive catalyst for HUN shares.

Tronox (TROX +7.9%) shares are higher on rumors HUN is interested in the company, which also is a major player in the titanium dioxide market.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs