Eastman Chemical Company (EMN) seems to be experiencing fluctuating interest from investors and analysts alike. Positive indicators include announcements like the company's Q4 earnings beating estimates and achieving a 57% shareholder return over the last year. Eastman has managed to build an impressive track record, maintaining a streak of dividend increases for 15 consecutive years. However, despite achieving an outperform rating upgrade from RBC, the company has also seen its price target adjusted from $103 down to $91. The stock made a significant jump of 12.1%, leading to speculation of its continued growth. Eastman also focused on the circular economy, indicating a long-term strategy for sustainability, though it has also faced some trade war challenges. Insider activities show the CEO and SVP selling a significant amount of their stock. EMN also made a significant move by issuing $250M in new notes. Some bearish indications include macro-related challenges and the selling of stock by insiders.
Eastman Chemical Company EMN News Analytics from Mon, 17 Jun 2024 07:00:00 GMT to Fri, 11 Apr 2025 14:46:21 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 5
