Forecasting The Future: 10 Analyst Projections For Eastman Chemical
Portfolio Pulse from Benzinga Insights
Analysts have diverse views on Eastman Chemical (NYSE:EMN), with recent evaluations showing a mix of bullish to bearish sentiments. The average 12-month price target for EMN has risen to $102.5, up 9.17% from $93.89, with targets ranging from $89 to $121. Financial analysis reveals EMN's strong net margin and ROE, but a revenue decline of -7.0% over the past 3 months. The company's market capitalization is below industry benchmarks, and it has a conservative debt-to-equity ratio of 0.89.
April 26, 2024 | 2:00 pm
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Eastman Chemical's mixed analyst ratings and updated price targets suggest varied expectations. The company's financial health is strong, with a notable net margin and ROE, despite recent revenue challenges.
The increase in the average price target reflects a positive outlook from some analysts, despite the recent revenue decline. The strong net margin and ROE indicate good financial health, which could support a positive short-term impact on EMN's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100