Goldman Sachs Maintains Neutral on Eastman Chemical, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Duffy Fischer has maintained a Neutral rating on Eastman Chemical (NYSE:EMN) and increased the price target from $82 to $92.
December 14, 2023 | 1:41 pm
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Goldman Sachs has maintained a Neutral rating on Eastman Chemical and raised the price target from $82 to $92, indicating a positive outlook on the stock's value.
The increase in price target by Goldman Sachs suggests a more optimistic valuation of Eastman Chemical's stock, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Neutral rating indicates that the stock is adequately valued at current levels, but the raised target implies that there may be some room for growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100