Citigroup Maintains Buy on Eastman Chemical, Raises Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham maintains a Buy rating on Eastman Chemical (EMN) and raises the price target from $95 to $114, indicating a positive outlook on the company's stock.
April 10, 2024 | 5:58 pm
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Citigroup maintains a Buy rating on Eastman Chemical and increases the price target to $114, suggesting confidence in the company's future performance.
The upgrade in the price target by a reputable analyst like Patrick Cunningham from Citigroup signals a strong vote of confidence in Eastman Chemical's market position and future earnings potential. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100