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Stock Market & Financial Investment News

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April 28, 2014
06:23 EDTEMNEastman Chemical pullback post Q1 results unwarranted, says Deutsche Bank
Deutsche Bank views the 3% pullback in shares of Eastman Chemical following the company's Q1 results as unwarranted. Deutsche points out Eastman reaffirmed its 2014 guidance despite "severe headwinds" from higher propane prices. The firm finds the stock's valuation compelling and it keeps a Buy rating on the name with an increased price target of $100.
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