tiprankstipranks
Eastman Chemical price target lowered to $105 from $107 at RBC Capital
The Fly

Eastman Chemical price target lowered to $105 from $107 at RBC Capital

RBC Capital lowered the firm’s price target on Eastman Chemical (EMN) to $105 from $107 and keeps a Sector Perform rating on the shares after its Q3 results. The company is seeing some incremental benefits from its Kingsport facility, though the management expects the end market demand to remain somewhat soft through year end, the analyst tells investors in a research note.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App