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Stock impact report

Eastman Chemical (EMN): Citi Raises Target to $75, RBC Downgrades on Limited Growth Catalysts [Yahoo! Finance]

Eastman Chemical Company (EMN) 
Last eastman chemical company earnings: 5/1 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On January 15, Citi analyst Patrick Cunningham raised his price target on Eastman Chemical Company (NYSE:EMN) to $75 from $72 and reiterated a Buy rating on the stock. Citi updated its estimates and targets across the commodity chemicals space ahead of Q4 earnings. In the research note, Cunningham said that better producer discipline and lower ethane costs in 2026 could help support margins. However, not everyone on the Street is leaning the same way. Also on January 15, RBC Capital analyst Arun Viswanathan downgraded Eastman to Sector Perform from Outperform and lowered his price target to $70 from $74. RBC pointed to continued softness in demand for durable goods and sustainable products, and said that with limited organic growth catalysts, Eastman's shares look fairly valued at current levels. Eastman Chemical Company (NYSE:EMN) is a global specialty materials company, manufacturing products that end up in many everyday items used by consumers and businesses worldwide. While Show less Read more
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