Huntsman price target raised to $26 from $24 at RBC Capital

RBC Capital raised the firm’s price target on Huntsman to $26 from $24 but keeps a Sector Perform rating on the shares after its Q1 results. The company’s margins remain under pressure, although it expects sequential improvement across all segments, the analyst tells investors in a research note. Investors have likely perceived improving Q1 volumes and Q2 guide as somewhat positive but also in line with the management’s expectations, RBC added.