B of A Securities Maintains Buy on Eastman Chemical, Lowers Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Steve Byrne maintains a Buy rating on Eastman Chemical (NYSE:EMN) but lowers the price target from $113 to $112.

April 29, 2024 | 11:28 am
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Eastman Chemical but lowers the price target from $113 to $112.
The adjustment in price target by B of A Securities reflects a slight change in valuation expectation for Eastman Chemical, though the Buy rating indicates continued confidence in the company's performance. The minor reduction in price target is not expected to significantly impact investor sentiment or the stock's short-term performance, as the overall positive outlook is maintained.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100