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Fly News Breaks for November 19, 2018
EMN
Nov 19, 2018 | 09:22 EDT
SunTrust analyst James Sheehan raised his price target on Eastman Chemical to $88 to reflect his expectations that commodity earnings volatility will be reduced after the completion of its refinery grade propylene investment in 2019. The analyst also keeps his Hold rating on the shares, stating that the end of the tariff dislocation driven de-stocking is "not yet visible", which limits the upside in Eastman Chemical stock price.
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