Expert Outlook: Eastman Chemical Through The Eyes Of 11 Analysts
Portfolio Pulse from Benzinga Insights
In the past three months, 11 analysts have provided ratings for Eastman Chemical (NYSE:EMN), with a mix of bullish and indifferent sentiments. The average 12-month price target has increased to $110.36 from $96.45. Several analysts have raised their price targets, reflecting positive sentiment towards the company's future performance.
May 23, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Eastman Chemical has received mixed ratings from 11 analysts over the past three months, with a notable increase in the average 12-month price target to $110.36. Analysts from UBS, Barclays, RBC Capital, and others have raised their price targets, indicating a positive outlook.
The increase in the average price target and multiple analysts raising their targets suggest a positive short-term outlook for Eastman Chemical. The company's strong financial health metrics, such as net margin, ROE, and ROA, further support this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100