CLSA Downgrades Eastman Chemical To Underperform

Analysts at CLSA downgraded Eastman Chemical Company EMN from Outperform to Underperform. The price target for Eastman Chemical has been lowered from $95.00 to $73.00. Eastman Chemical shares have dropped 17.65% over the past 52 weeks, while the S&P 500 index has surged 10.47% in the same period. Eastman Chemical's shares fell 1.39% to close at $69.64 on Friday.