Huntsman price target lowered to $20 from $23 at RBC Capital

RBC Capital lowered the firm’s price target on Huntsman (HUN) to $20 from $23 and keeps a Sector Perform rating on the shares as part of a broader research note previewing 2025 in the Chemicals & Packaging sector. The firm continues to favor names with cost reduction programs given margin improvement potential before demand starts to improve, companies with strong operating leverage and potential for positive volume growth inflection in the second half of the year, and names with low leverage, the analyst tells investors in a research note. For the company, RBC cites continued demand weakness in Europe, Polyurethanes /epoxy margin pressure, and muted North America construction activity, with only slight improvement in auto/aerospace end market.