Eastman Chemical price target raised to $70 from $64 at Fermium Research

Fermium Research raised the firm’s price target on Eastman Chemical (EMN) to $70 from $64 and keeps a Hold rating on the shares. Eastman Chemical’s Q4 results were operationally below expectations, though tax benefits produced a slight beat versus Street estimates, while 1Q26 guidance came in below consensus but within range and summed up as “okay,” the analyst tells investors in a research note. A sharp 11% year over year volume/mix decline highlights ongoing cyclical softness, though inventory drawdowns suggest upside when demand recovers, the firm says.