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home / news releases / EMN - Eastman Chemical: A Sporty Valuation But A Bearish Chart Post-Earnings

EMN - Eastman Chemical: A Sporty Valuation But A Bearish Chart Post-Earnings

Eastman Chemical Company

Summary

  • The Chemicals industry has been ho-hum to start this year after a relatively strong 2022.
  • Eastman Chemical features an attractive P/E even after an earnings miss and light guide.
  • I spot bearish risks on the chart though and outline a pair of price levels to get long for a good risk/reward play.

For further details see:

Eastman Chemical: A Sporty Valuation But A Bearish Chart Post-Earnings
Stock Information
Company Name: Eastman Chemical Company
Stock Symbol: EMN
Market: NYSE
Website: eastman.com
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