Where Eastman Chemical Stands With Analysts
Portfolio Pulse from Benzinga Insights
Eastman Chemical (NYSE:EMN) has received mixed analyst ratings, with a neutral stance from four analysts. Recent price target increases suggest a positive outlook, with an average target of $114.25, up from $106.50. The company shows strong profitability and effective cost management, but its revenue growth lags behind industry peers.
November 01, 2024 | 9:00 pm
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Eastman Chemical has received neutral ratings from four analysts, with recent price target increases indicating a positive outlook. The average price target is now $114.25, reflecting a 7.28% increase. The company shows strong profitability but lags in revenue growth compared to peers.
The neutral ratings from analysts suggest a stable outlook, but the increase in price targets indicates a positive sentiment towards future performance. The company's strong profitability metrics, such as net margin and ROE, support this positive outlook. However, the lag in revenue growth compared to peers is a concern, but it is outweighed by the positive price target revisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100