NEW YORK (TheStreet) -- Eastman Chemical (EMN) - Get Reportstock price target was lowered this morning to $75 from $80 with an "equal weight" rating at Barclays.

The lowered stock price for the Kingsport, TN-based chemical company is due mainly to the "relatively flat" prices for olefin, a synthetic fiber created by Eastman, as well as "company commentary at investor events," Barclays noted in an analyst note.

Additionally, Eastman faces headwinds from higher maintenance costs and larger seasonal propane hedge impact, the firm wrote.

The chemical company's price target was also reduced at RBC Capital on Monday to $83 from $85 while maintaining its "outperform" rating, according to a note from the firm.

Shares of Eastman stock are up 0.66% to $66.95 in mid-afternoon trading.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

We rate EASTMAN CHEMICAL CO as a Buy with a ratings score of B+. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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