Eastman Chemical (EMN) Tops Q2 EPS by 18c, Revenue Misses

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Eastman Chemical (EMN) PT Raised to $89 at UBS Amid Q2 'Beat'

July 28, 2015 7:28 AM EDT

UBS analyst John Roberts reiterated a Buy rating and boosted his price target on Eastman Chemical (NYSE: EMN) to $89.00 (from $88.00) following the company's Q2 beat.

Roberts commented, "Despite FX headwinds and unfavourable propane hedges, EMN reported strong 2Q results on lower raw... More