Eastman Chemical Plows Ahead (Rating Upgrade)

  • I am upgrading Eastman Chemical to 'buy' due to strong fundamentals, attractive valuation, and a solid 4.2% dividend yield. The company's cost controls, new recycling plant, and geographic diversification support growth despite economic and tariff headwinds. EMN's shares trade at just 68% of their 52-week-high, with a 25% upside to the one-year target price and a bargain EV/EBITDA ratio.