Eastman Chemical (EMN) Shares Pop 17% in 3 Months: Here's Why
EMNEastman(EMN) zacks.com·2024-05-17 21:40

Eastman Chemical Company’s (EMN) shares have rallied 17.5% over the past three months. The company has also outperformed its industry’s rise of 9.5% over the same time frame. Moreover, it has topped the S&P 500’s 6% rise over the same period.Let’s take a look into the factors behind this Zacks Rank #3 (Buy) stock’s price appreciation. Image Source: Zacks Investment Research What’s Working in EMN’s Favor?Forecast-topping earnings performance in the first quarter of 2024 and upbeat prospects have contributed ...