Today's Trend
Huntsman Corporation (NYSE: HUN) received several positive developments that may support investor sentiment, although the stock remains well below its 52-week high and its 50-day and 200-day moving averages.
- Huntsman and Olin Corporation (NYSE: OLN) announced that the Hart-Scott-Rodino antitrust waiting period for their proposed merger has expired. The milestone removes a major U.S. regulatory hurdle and advances the transaction, though the merger remains subject to other closing conditions. OLIN and HUNTSMAN Announce Expiration of Hart-Scott-Rodino Waiting Period for Proposed Merger
- KeyCorp initiated coverage of Huntsman with an Overweight rating and a $14 price target, implying approximately 46.9% upside from the reference price. The new coverage provides a bullish analyst view and highlights potential value from the company’s recovery and proposed merger.
- KeyCorp forecasts third-quarter 2026 earnings of $0.11 per share and FY2028 earnings of $0.05 per share. These estimates suggest a possible return to profitability, but they remain forecasts rather than reported results; the current full-year consensus still calls for a $0.26 per-share loss. Huntsman analyst estimates
Overall, the antitrust clearance and bullish KeyCorp initiation are the main reasons for a more favorable outlook on HUN today. Investors will likely continue focusing on the remaining merger conditions, timing of completion, and whether Huntsman can deliver the projected earnings improvement.