UBS Maintains Neutral on Eastman Chemical, Raises Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Spector maintains a Neutral rating on Eastman Chemical (EMN) and raises the price target from $91 to $93.

February 02, 2024 | 6:42 pm
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UBS analyst Joshua Spector maintains a Neutral rating on Eastman Chemical and raises the price target from $91 to $93.
The increase in price target by UBS suggests a positive outlook on Eastman Chemical's stock value in the short term, potentially leading to an upward movement in its stock price. However, the maintenance of a Neutral rating indicates that the analyst sees the company as fairly valued at its current price, balancing the potential for both growth and risk.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100