Keybanc Maintains Overweight on Eastman Chemical, Raises Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Eastman Chemical (NYSE:EMN) and increased the price target from $95 to $101, indicating a positive outlook on the company's stock.
January 09, 2024 | 9:45 am
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Keybanc analyst Aleksey Yefremov reaffirmed an Overweight rating on Eastman Chemical and raised the price target to $101, suggesting confidence in the company's future performance.
The increase in price target by Keybanc reflects a positive assessment of Eastman Chemical's prospects, which is likely to be viewed favorably by investors. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100