B of A Securities Downgrades Celanese to Neutral, Lowers Price Target to $116
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Matthew DeYoe downgraded Celanese (NYSE:CE) from Buy to Neutral and lowered the price target from $123 to $116.

June 22, 2023 | 1:34 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Celanese downgraded to Neutral by B of A Securities, with a lowered price target of $116.
The downgrade from Buy to Neutral and the lowering of the price target from $123 to $116 by B of A Securities analyst Matthew DeYoe may negatively impact Celanese's stock price in the short term as it indicates a less optimistic outlook on the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100