Eastman Chemical Company (NYSE:EMN) price target raised to $107.00 by Morgan Stanley

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Analyst Ratings For Eastman Chemical Company (NYSE:EMN)

Today, Morgan Stanley raised its price target on Eastman Chemical Company (NYSE:EMN) to $107.00 per share.

There are 8 Hold Ratings, 8 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Eastman Chemical Company (NYSE:EMN) is Buy with a consensus target price of $104.9333 per share, a potential 2.21% upside.

Some recent analyst ratings include

  • 3/9/2018-Jefferies Financial Group Reiterated Rating of Buy.
  • 2/20/2018-Wells Fargo & Co Reiterated Rating of Outperform.
  • 2/7/2018-Cowen Reiterated Rating of Outperform .

Recent Insider Trading Activity For Eastman Chemical Company (NYSE:EMN)
Eastman Chemical Company (NYSE:EMN) has insider ownership of 1.18% and institutional ownership of 83.88%.

  • On 5/9/2018 Brad A Lich, EVP, sold 12,066 with an average share price of $105.75 per share and the total transaction amounting to $1,275,979.50.
  • On 5/7/2018 Mark K. Cox, Insider, sold 13,100 with an average share price of $105.19 per share and the total transaction amounting to $1,377,989.00.
  • On 4/2/2018 David A Golden, SVP, sold 8,600 with an average share price of $105.38 per share and the total transaction amounting to $906,268.00.
  • On 3/2/2018 Curtis E Espeland, CFO, sold 47,000 with an average share price of $100.00 per share and the total transaction amounting to $4,700,000.00.
  • On 3/1/2018 Gary E Anderson, Director, sold 4,000 with an average share price of $100.00 per share and the total transaction amounting to $400,000.00.
  • On 3/1/2018 Scott V King, CAO, sold 9,883 with an average share price of $100.82 per share and the total transaction amounting to $996,404.06.
  • On 2/23/2018 Damon Cary Warmack, Insider, sold 2,710 with an average share price of $102.22 per share and the total transaction amounting to $277,016.20.

About Eastman Chemical Company (NYSE:EMN)
Eastman Chemical Company manufactures and sells materials, specialty additives, chemicals, and fibers in the United States and internationally. The company's Additives & Functional Products segment offers specialty coalescents, specialty and commodity solvents, paint additives, and specialty polymers; hydrocarbon and rosin resins; insoluble sulfur and antidegradant rubber additives; performance resins and amine derivative-based building blocks; heat transfer and aviation fluids; formic acid-based solutions; and metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators. Its products are used in transportation, consumables, building and construction, industrial applications, animal nutrition, care chemicals, crop protection, and energy markets. Its Advanced Materials segment provides copolyesters, cellulose esters, polyvinyl butyral (PVB) sheets, specialty (PVB) intermediates, and window film and protective film, and aftermarket applied film products for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The company's Chemical Intermediates segment offers Olefin derivatives, acetyl derivatives, ethylene, and commodity solvents; primary non-phthalate and phthala plasticizers, and a range of niche non- phthalate plasticizers; and methylamines and salts higher amines and solvents. Its Fibers segment manufactures and sells cellulose acetate tow for use in filtration media primarily cigarette filters; triacetin, cellulose acetate flake, and acetyl raw materials for other acetate fiber producers; and natural, acetate, and polyester yarn, as well as solution-dyed acetate yarn for use in apparel, home furnishings, and industrial fabrics. The company also offers aviation turbine engine oil; wet-laid nonwovens; and specialty films. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

Recent Trading Activity for Eastman Chemical Company (NYSE:EMN)
Shares of Eastman Chemical Company closed the previous trading session at 103.03 up +1.65 1.63% with 101.92 shares trading hands.