Eastman Chemical (EMN) Tops Q1 EPS by 14c

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Go back to Eastman Chemical (EMN) Tops Q1 EPS by 14c

Eastman Chemical (EMN) PT Raised to $118 at Deutsche Bank; 'Share Price Decline Unwarranted'

April 30, 2018 7:49 AM EDT

Deutsche Bank raised its price target on Eastman Chemical (NYSE: EMN) to $118.00 (from $115.00) while maintaining a Buy rating.

Analyst David Begleiter commented, "Solid Q1 beat and raise. Valuation an un-specialty like 12.2x '18E EPS. Buy. Eastman shares fell 1.2% (S&P: +0.1%)... More