Several events surrounding the Eastman Chemical Company (EMN) have been highlighted. From forthcoming earnings forecasts, price target adjustments, approval of certain products by the U.S. Air Force, to stock performance reviews. Rumours circulate about it being an undervalued stock to buy. Various agencies have made blasé and bullish assessments, while Mizuho has slashed its target price. Despite tariff challenges, EMN earned an upgrade from RBC Capital. The company’s focus on the circular economy is, nonetheless, propelling its stock outlook. Notably, Q4 earnings have beaten estimates, contradicting Wall Street’s target price. Investors who put funds into EMN have enjoyed 69% growth in five years. With an apparent strong balance sheet and being in control mostly of institutional shareholders to the tune of 88%, EMN is considered highly strategic. Senior leadership modifications, dividends increment, and EMN's CEO bold move with stock sale have also been reported. Despite anticipated growth, the CEO is unlikely to get a significant pay hike this year.
Eastman Chemical Company EMN News Analytics from Sun, 11 Sep 2022 16:44:31 GMT to Thu, 17 Apr 2025 14:01:01 GMT - Rating 0 - Innovation 4 - Information 6 - Rumor 2
