Goldman Sachs Downgrades Eastman Chemical (EMN) to Sell

August 12, 2011 6:56 AM EDT
Get Alerts EMN Hot Sheet
Price: $74.07 +0.41%

Rating Summary:
    15 Buy, 14 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Eastman Chemical (NYSE: EMN) from Neutral to Sell with a price target of $89.

The firm is now $0.66 below consensus on 2012 EPS. Also they see greater upside elsewhere in the sector.

For more ratings news on Eastman Chemical click here and for the rating history of Eastman Chemical click here.

Shares of Eastman Chemical closed at $84.02 yesterday.


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