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Eastman Chemical (EMN) Gets a Buy from Mizuho Securities

Tipranks - Tipranks - Fri May 1, 6:20PM CDT

In a report released today, John Roberts CFA from Mizuho Securities maintained a Buy rating on Eastman Chemical, with a price target of $85.00.

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According to TipRanks, Roberts CFA is a 5-star analyst with an average return of 8.3% and a 57.20% success rate. Roberts CFA covers the Basic Materials sector, focusing on stocks such as TRONOX, Element Solutions, and Axalta Coating Systems.

In a report released on April 21, Bank of America Securities also reiterated a Buy rating on the stock with a $79.00 price target.

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Based on Eastman Chemical’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.97 billion and a net profit of $105 million. In comparison, last year the company earned a revenue of $2.25 billion and had a net profit of $330 million

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