RBC Capital Maintains Sector Perform on Eastman Chemical, Lowers Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains a Sector Perform rating on Eastman Chemical (EMN) and lowers the price target from $91 to $89.
February 06, 2024 | 3:53 pm
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RBC Capital maintains a Sector Perform rating on Eastman Chemical and lowers the price target from $91 to $89.
The adjustment in price target by RBC Capital reflects a minor revision in their valuation of Eastman Chemical. Given that the rating remains unchanged at Sector Perform, the impact on the stock price is likely to be neutral in the short term. The slight decrease in the price target suggests a modest adjustment in expectations, not a fundamental shift in the company's outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100