---
title: "Research Alert: CFRA Keeps Hold Opinion On Shares Of Eastman Chemical Company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286268664.md"
description: "CFRA has maintained a Hold opinion on Eastman Chemical Company (EMN) and raised its 12-month target price by $7 to $78. The valuation is based on a 12.2x multiple of the 2026 EPS estimate of $6.35. EMN's Q1 adjusted EPS was $1.09, down from $1.91 a year ago, missing estimates but beating consensus. Sales fell 5% to $2.177B due to inventory destocking and weak demand. The company implemented $500M in price increases to combat inflation and aims for $125M-$150M in cost savings for 2026."
datetime: "2026-05-13T12:50:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286268664.md)
  - [en](https://longbridge.com/en/news/286268664.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286268664.md)
---

# Research Alert: CFRA Keeps Hold Opinion On Shares Of Eastman Chemical Company

08:50 AM EDT, 05/13/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target price by $7 to $78, valuing EMN shares at 12.2x our 2026 EPS estimate of $6.35 (raised from $6.09) and at 11x our 2027 EPS estimate of $7.10. Our target multiples compare to EMN's three-year average forward multiple of 11x. EMN posted Q1 adjusted EPS of $1.09, down from $1.91 a year ago, missing our $1.37 estimate but beating the $1.06 consensus. Sales fell 5% to $2.177B amid customer inventory destocking, weak consumer discretionary demand, and Middle East conflict impacts. The company implemented ~$500M in price increases to offset raw material inflation, while the Kingsport methanolysis facility remained on track to deliver ~$30M in incremental full-year earnings. Management maintained its cost-reduction target of $125M-$150M in savings net of inflation for 2026. Adjusted EBIT margin contracted 440 bps to 9.2% as lower volumes and challenging market conditions compressed profitability across most segments.

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