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Eastman Chemical Company (NYSE:EMN) stock price target increased to $94.00, issued a report today by Zacks Investment Research

Eastman Chemical Company (NYSE:EMN) had its target bumped up to $94.00 by Zacks Investment Research in an issued report announced 7/4/2017. The bumped up price target suggests a potential upside of 0.11% from the company's last stock close price.

Just yesterday Eastman Chemical Company (NYSE:EMN) traded 1.21% higher at $84.50. Eastman Chemical Company’s 50-day average is $84.44 and its two hundred day average is $81.17. With the last close up 3.66% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the date range. Volume of trade was down over the average, with 799,233 shares of EMN changing hands under the typical 1,074,060

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Eastman Chemical Company (NYSE:EMN)

With a total market value of $0, Eastman Chemical Company has PE ratio of 13.50 with a one year low of $62.70 and a one year high of $86.60 .

A total of 16 analysts have reported on the stock. 3 brokerages rating the company a strong buy, eight brokerages rating the company a buy, 4 brokers rating the stock a hold, 1 broker rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $81.38.

About Eastman Chemical Company (NYSE:EMN)

Eastman Chemical Company (Eastman) is an advanced materials and specialty additives company. The Company's segments include Additives & Functional Products (AFP), Advanced Materials (AM), Chemical Intermediates (CI), and Fibers. In the AFP segment, it manufactures chemicals for products in the coatings, tires, consumables, building and construction, industrial applications, including solar energy markets, animal nutrition, care chemicals, crop protection, and energy markets. In the AM segment, it produces and markets its polymers, films, and plastics with differentiated performance properties for end uses in transportation, consumables, building and construction, durable goods, and health and wellness products. The CI segment leverages large scale and vertical integration from the cellulose and acetyl, olefins, and alkylamines streams to support its specialty operating segments. Its product lines in Fibers segment include Acetate Tow, Acetate Yarn and Acetyl Chemical Products.

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