Piper Sandler Maintains Neutral on Eastman Chemical, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert maintains a Neutral rating on Eastman Chemical (EMN) and raises the price target from $90 to $105.
April 30, 2024 | 12:22 pm
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Piper Sandler maintains a Neutral rating on Eastman Chemical and raises the price target from $90 to $105.
The increase in price target from $90 to $105 by Piper Sandler suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on EMN's stock price. However, the maintenance of a Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100