Eastman Chemical price target raised to $75 from $74 at BofA

BofA raised the firm’s price target on Eastman Chemical (EMN) to $75 from $74 and keeps a Buy rating on the shares. 2026 earnings tailwinds such as cost savings and an asset utilization ramp are material enough to lead to earnings improvement from 2025, even if end-market demand remains sluggish and the company continues to focus on cash generation at the expense of profits, the analyst tells investors.