Wells Fargo sees prolonged trough conditions for chemicals, downgrades EMN

MSN
2025.12.23 22:52
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Wells Fargo downgraded Eastman Chemical Company (NYSE:EMN) from Overweight to Equal Weight, maintaining a price target of $70. This decision is part of a broader reset in the chemicals sector, reflecting prolonged trough conditions. Eastman Chemical is recognized among the Best Stocks for a Dividend Achievers List.