Eastman Chemical (EMN) Gets a $1 Price Target Cut from Citi

Eastman Chemical Company (NYSE:EMN) is one of the 10 High Growth Chemical Stocks to Buy.

Eastman Chemical (EMN) Gets a $1 Price Target Cut from Citi

Citi lowered its price target on Eastman Chemical Company (NYSE:EMN) from $84 to $83 on April 16, 2026. Despite the price target cut, the firm maintained a Buy rating on the stock. Citi’s new update was part of price target adjustments on the commodity chemicals following the firm’s first-quarter preview.

Separately, on April 14, 2026, JPMorgan upgraded its rating on Eastman Chemical Company (NYSE:EMN) from Neutral to Overweight with a price target of $80, up from $70. The firm is surprised that the company’s shares have not yet seen appreciation since the beginning of the ongoing conflict with Iran. It sticks with a bullish outlook for 2026, as it anticipates an upward trend in the June quarter EBITDA, owing to favorable changes in commodity prices. Accordingly, JPMorgan labels Eastman Chemical Company (NYSE:EMN) as a strong risk/reward vehicle for total returns, suggesting the current valuations as an attractive entry point for investors.

Founded in 1920, Eastman Chemical Company (NYSE:EMN) is a global specialty chemicals company with headquarters in Tennessee. The company produces an array of advanced materials, functional layers, and specialty additives found in everyday items from transportation to consumables.

While we acknowledge the risk and potential of EMN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EMN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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