Citigroup Initiates Coverage On Celanese with Neutral Rating, Announces Price Target of $119
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Patrick Cunningham initiates coverage on Celanese (NYSE:CE) with a Neutral rating and announces a price target of $119.

June 14, 2023 | 8:47 am
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Citigroup initiates coverage on Celanese with a Neutral rating and a price target of $119.
The news directly mentions Celanese and the initiation of coverage by Citigroup with a Neutral rating and a price target of $119. This information is important for investors as it provides an updated valuation and outlook for the stock. However, the Neutral rating suggests that the stock is fairly valued, and the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100