KeyBanc initiates Eastman Chemical stock at Sector Weight, $75 target By Investing.com
Investing.com UK
KeyBanc has initiated coverage on Eastman Chemical Co. (NYSE:EMN) with a Sector Weight rating and a $75 price target, viewing it as the most stable company in its chemical group. The firm anticipates earnings growth from improved industrial demand and specific projects, despite seeing better short-term catalysts in other chemical companies. This initiation follows Eastman Chemical's strong Q2 2026 earnings beat, though Moody's recently adjusted its outlook to negative due to lower cash flow proj
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