UPDATE: J.P. Morgan Upgrades Eastman Chemical for Year-Ahead Performance

In a report published Friday, J.P. Morgan analyst Jeffrey J. Zekauskas upgraded the rating on Eastman Chemical Company (NYSE: EMN ) from Neutral to Overweight, and raised the price target from $82.00 to $83.00. In the report, J.P. Morgan noted, “Eastman Chemical shares present an investor with a classic investment