Will This Price Target Upgrade Help Huntsman (HUN) Stock Today?

NEW YORK (TheStreet) -- Huntsman's (HUN) price target was raised to $35 from $30 by analysts at Jefferies (JEF) on Wednesday who also maintained their "buy" rating on the company's shares.

The firm raised its price target outlook due to what it sees as the benefits of management focusing more on segment volatility and improving free cash flow conversion.

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Separately, TheStreet Ratings team rates HUNTSMAN CORP as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:

"We rate HUNTSMAN CORP (HUN) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

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