Jefferies Reiterates Buy on Eastman Chemical (EMN)

Jefferies reiterated a Buy rating and $90.00 price target on Eastman Chemical (NYSE: EMN)

Analyst Laurence Alexander commented, "The debate over Eastman's relative valuation conflates ingredients (the assets), process (how Eastman leverages them and repositions them over time), purpose (priorities and financial targets) and risk (due to the cycle, or created by Eastman's own ambitions). Multiple expansion hinges on consistency on multiple fronts."

For an analyst ratings summary and ratings history on Eastman Chemical click here. For more ratings news on Eastman Chemical click here.

Shares of Eastman Chemical closed at $67.41 yesterday.

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