Wells Fargo Maintains Equal-Weight on Eastman Chemical, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Equal-Weight rating on Eastman Chemical (EMN) and increased the price target from $89 to $100.

April 11, 2024 | 2:51 pm
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POSITIVE IMPACT
Wells Fargo maintains an Equal-Weight rating on Eastman Chemical and raises the price target to $100.
The increase in price target by Wells Fargo suggests a positive outlook on Eastman Chemical's stock, potentially leading to increased investor confidence and a short-term rise in stock price. The maintenance of an Equal-Weight rating indicates a view that the stock is fairly valued at its current level, but the raised target suggests room for growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90