Huntsman price target lowered to $31 from $33 at Deutsche Bank

Deutsche Bank lowered the firm’s price target on Huntsman to $31 from $33 and keeps a Hold rating on the shares post the Q4 results. The company’s Q1 EBITDA guidance was 42% below consensus at the midpoint and management expects 2023 EBITDA to be lower than 2022 due to a challenging macro environment, the analyst tells investors in a research note.