Citigroup Maintains Buy on Eastman Chemical, Lowers Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham maintains a Buy rating on Eastman Chemical (NYSE:EMN) but lowers the price target from $114 to $111.
June 27, 2024 | 3:54 pm
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Citigroup analyst Patrick Cunningham maintains a Buy rating on Eastman Chemical but lowers the price target from $114 to $111.
The maintained Buy rating suggests continued confidence in Eastman Chemical's performance, but the lowered price target indicates some caution regarding its short-term potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100