This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Have Conflicting Sentiments on These Materials Companies: Eastman Chemical (EMN) and Iperionx Ltd. ADR (IPX)

Tipranks - Sat Jun 6, 8:12AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Eastman Chemical (EMN) and Iperionx Ltd. ADR (IPX).

Claim 55% Off TipRanks

Eastman Chemical (EMN)

In a report released yesterday, Michael Sison from Wells Fargo maintained a Hold rating on Eastman Chemical, with a price target of $80.00. The company’s shares closed last Thursday at $72.42.

According to TipRanks.com, Sison is a 1-star analyst with an average return of -1.1% and a 42.0% success rate. Sison covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

Currently, the analyst consensus on Eastman Chemical is a Moderate Buy with an average price target of $83.00.

See Insiders’ Hot Stocks on TipRanks >>

Iperionx Ltd. ADR (IPX)

In a report released today, Gregory Lewis from BTIG assigned a Buy rating to Iperionx Ltd. ADR, with a price target of $55.00. The company’s shares closed last Thursday at $40.29.

According to TipRanks.com, Lewis is a top 100 analyst with an average return of 35.2% and a 60.2% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Capital Clean Energy Carriers, Nano Nuclear Energy Inc., and Aebi Schmidt Holding AG. ;'>

Currently, the analyst consensus on Iperionx Ltd. ADR is a Strong Buy with an average price target of $57.75, which is a 48.0% upside from current levels. In a report issued on June 2, William Blair also maintained a Buy rating on the stock.

Read More on EMN:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.