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Analysts Have Conflicting Sentiments on These Materials Companies: Eastman Chemical (EMN) and West Fraser Timber Co (WFG)

Tipranks - Tue May 5, 7:08AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Eastman Chemical (EMN) and West Fraser Timber Co (WFG).

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Eastman Chemical (EMN)

Goldman Sachs analyst Duffy Fischer maintained a Hold rating on Eastman Chemical today and set a price target of $83.00. The company’s shares closed last Friday at $77.53.

According to TipRanks.com, Fischer is a 4-star analyst with an average return of 11.3% and a 57.9% success rate. Fischer covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Axalta Coating Systems, and Cf Industries Holdings. ;'>

Eastman Chemical has an analyst consensus of Moderate Buy, with a price target consensus of $81.91, representing an 8.8% upside. In a report issued on May 1, TipRanks – DeepSeek also downgraded the stock to Hold with a $80.00 price target.

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West Fraser Timber Co (WFG)

In a report released today, Ketan Mamtora from BMO Capital maintained a Buy rating on West Fraser Timber Co, with a price target of $90.00. The company’s shares closed last Friday at $62.39.

According to TipRanks.com, Mamtora is a 4-star analyst with an average return of 12.0% and a 60.0% success rate. Mamtora covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, Builders Firstsource, and Louisiana-Pacific. ;'>

Currently, the analyst consensus on West Fraser Timber Co is a Moderate Buy with an average price target of $82.43, a 29.4% upside from current levels. In a report issued on April 30, Scotiabank also maintained a Buy rating on the stock with a $90.00 price target.

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