Eastman Chemical Co reaches 20-day high amid market strength
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 06 Jan 26
Source: NASDAQ.COM
Eastman Chemical Co's stock price increased by 4.63%, reaching a 20-day high, reflecting positive momentum in the market.
This rise is attributed to broad market strength, with the Nasdaq-100 up 0.49% and the S&P 500 up 0.32%. The overall market conditions have contributed to investor confidence, allowing Eastman Chemical to capitalize on this upward trend.
The implications of this movement suggest that Eastman Chemical Co is well-positioned to benefit from favorable market conditions, potentially attracting more investors looking for growth opportunities.
Analyst Views on EMN
Wall Street analysts forecast EMN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EMN is 72.00 USD with a low forecast of 68.00 USD and a high forecast of 74.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 69.030
Low
68.00
Averages
72.00
High
74.00
Current: 69.030
Low
68.00
Averages
72.00
High
74.00
About EMN
Eastman Chemical Company is a global specialty materials company that produces a range of products found in items people use every day. Its segments include Advanced Materials (AM), Additives & Functional Products (AFP), Chemical Intermediates (CI), and Fibers. The AM segment produces and markets polymers, films, and plastics with differentiated performance properties for value-added end-uses in transportation; durables and electronics; building and construction; medical and pharma, and consumables end-markets. AFP segment manufactures materials for products in food, feed, and agriculture; transportation; water treatment and energy; personal care and wellness; building and construction; consumables, and durables and electronics end-markets. The CI segment sells intermediates for end-markets, such as industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment manufactures and sells acetate tow and triacetin plasticizers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
