Jefferies cuts Huntsman stock price target on European challenges
Jefferies reduced its price target for Huntsman Corp. (NYSE:HUN) to $11 from $16, citing European challenges but maintaining a Buy rating. The stock trades at $8.57, with potential upside. Huntsman's Q3 outlook is supported by industrial activity, but Europe faces gas costs and soft demand. The company expects $400M in synergies from its Olin merger. Q2 2026 earnings beat expectations, with revenue at $1.66B and adjusted EPS at $0.20.
How this was made
The 30-second read
Why it matters
The analyst's price target reduction reflects concerns over European market headwinds and leverage, potentially tempering the stock's rally despite solid earnings.
Market read
Target cut may curb recent upside in HUN, though dividend and merger synergies provide support.
What to watch
Synergy expectations from the Olin merger and stable dividend could offset the target reduction.
Background
Huntsman Corp. reported strong Q2 earnings and is pursuing a merger-of-equals with Olin Corp., while Europe faces demand challenges.
Ticker impact
Jefferies lowered its price target on Huntsman Corp. (HUN) to $11 from $16 while keeping a Buy rating.
likely pressure as the market prices in the lower target
The new target of $11 suggests the analyst sees limited near‑term upside, which could weigh on HUN's price.
Market effects
The target cut may affect sentiment toward the specialty chemicals sector.
Limited to U.S. investors focused on industrial chemicals.
Minimal global impact beyond Huntsman's peers.
Counterpoint
Some investors may view the lower target as an entry point given the stock's dividend yield.
Key entities
- companyHuntsman Corp.
Specialty chemicals producer, ticker HUN.
- analystJefferies
Equity research firm that cut the price target.
