Analysts Have Conflicting Sentiments on These Materials Companies: Eastman Chemical (EMN) and Iperionx Ltd. ADR (IPX)
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).
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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
Currently, the analyst consensus on Eastman Chemical is a Moderate Buy with an average price target of $83.00.
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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
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:
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- Eastman Chemical Balances Pricing Power With Fragile Demand
- Eastman Chemical shareholders back directors, auditor and pay plan
- Eastman Chemical price target raised to $83 from $73 at Morgan Stanley
- Eastman Chemical price target raised to $82 from $75 at Deutsche Bank
- Eastman Chemical price target raised to $82 from $79 at RBC Capital
