Eastman Chemical Co
EMN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| w?g | LOCK|&% | LOCK|Y%CbTPV |
Chemicals: Higher Midcycle Oil Price Supports Our View for a Long-Term Recovery
We've updated our midcycle Brent oil price assumption to $65 per Barrel from $60. Our long-term forecast marries our bullish in-house oil demand view with Rystad's supply projections.
