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Fly News Breaks for June 22, 2015
EMN
Jun 22, 2015 | 07:46 EDT
Nomura upgraded Eastman Chemical to Buy and increased its price target to $98 from $85 based on unappreciated rising cash generation. The firm sees hidden value in 2015 estimated free-cash-flow yield of 8.5%, which does not reflect upgraded quality of the portfolio, a better outlook for propane feedstock, capacity cuts in cigarette filter tow, and expectations management will communicate the shift towards buybacks and capex.
News For EMN From the Last 2 Days
EMN
Mar 18, 2024 | 08:26 EDT
Meetings to be held in Canada March 19-20 hosted by KeyBanc.