Citigroup Maintains Neutral on Celanese, Raises Price Target to $123
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Patrick Cunningham maintains a Neutral rating on Celanese (NYSE:CE) and raises the price target from $119 to $123.
July 12, 2023 | 1:29 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Celanese's price target has been raised from $119 to $123 by Citigroup, which maintains a Neutral rating on the stock.
The news is directly about Celanese and its price target. Citigroup's decision to maintain a Neutral rating suggests that they do not expect significant price movement in the short term. However, the increase in price target could be seen as a positive signal, potentially leading to a slight increase in investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100