Huntsman price target lowered to $8.50 from $9 at Citi

Core Viewpoint - Citi analyst Patrick Cunningham has lowered the price target for Huntsman (HUN) to $8.50 from $9, maintaining a Neutral rating on the shares due to weak seasonal demand growth and inventory surplus [1]. Financial Estimates - The firm has reduced Q3 and Q4 EBITDA estimates by up to 12% [1].