Eastman Chemical (EMN) Outlook Cut To Negative By S&P Amid Tariff Impact
Eastman Chemical Company (NYSE:EMN) ranks 8th on our list of the S&P 500 stocks with a low PE ratio. On August 14, S&P Global Ratings downgraded EMN’s outlook to Negative from Stable, noting that there are sector pressures. The firm kept its ‘BBB’ rating intact. According to the rating agency, trade tensions and tariffs are anticipated to exert more pressure on product demand and shake up Eastman’s 2025 performance. During its Q2 earnings call, the company noted that American tariffs and retaliatory measu ...