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Eastman Chemical price target lowered to $91 from $95 at Mizuho

Mizuho lowered the firm’s price target on Eastman Chemical to $91 from $95 and keeps a Neutral rating on the shares. The company reported slight EBIT shortfalls for Q4 and 2024 guidance as demand remains relatively weak due to inventory destocking in some markets, the analyst tells investors in a research note.

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