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Eastman Chemical's stock slightly dropped despite strong earnings, facing mixed investor sentiment.
Eastman Chemical's stock saw mixed institutional investor activity in Q4, with reductions by Envestnet and the Swiss National Bank, but a small increase by Picton Mahoney.
Despite a 1.6% share price drop, Eastman reported a strong $1.87 EPS, beating estimates.
The stock has a "Moderate Buy" rating and pays a 3.64% dividend.
Eastman faces macroeconomic challenges but maintains a positive outlook.
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Las acciones de Eastman Chemical cayeron ligeramente a pesar de las fuertes ganancias, enfrentando sentimientos mixtos de los inversores.