Keybanc Maintains Overweight on Eastman Chemical, Lowers Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov maintains an Overweight rating on Eastman Chemical (NYSE:EMN) but lowers the price target from $103 to $98.
October 03, 2023 | 9:30 am
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Eastman Chemical's price target has been lowered by Keybanc from $103 to $98, though the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the short-term value of Eastman Chemical's stock. However, the maintenance of the Overweight rating suggests that the stock is still expected to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100