UPDATE: Citigroup Raises PT on Eastman Chemical Following Raised EPS Guidance

In a report published Thursday, Citigroup analyst P.J. Juvekar reiterated a Buy rating on Eastman Chemical (NYSE: EMN ), and raised the price target from $77.00 to $93.00. In the report, Citigroup noted, “Mgmt is back at it again raising FY EPS guidance (+10c to $6.40-$6.50) following a hiatus during 1Q