RBC Capital Maintains Outperform on Celanese, Lowers Price Target to $142
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Celanese (NYSE:CE) but lowers the price target from $145 to $142.
November 08, 2023 | 7:49 pm
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NEUTRAL IMPACT
Celanese's price target has been lowered from $145 to $142 by RBC Capital, though the Outperform rating is maintained.
The news is directly about Celanese and is likely to influence investor sentiment. The lowering of the price target might be seen as a negative signal, but the maintenance of the Outperform rating indicates that the analyst still sees potential in the stock. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100