UBS Maintains Buy on Celanese, Raises Price Target to $169
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Spector has reaffirmed a Buy rating on Celanese Corporation (NYSE:CE) and increased the price target from $144 to $169, indicating a positive outlook on the company's stock.
December 14, 2023 | 3:50 pm
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UBS analyst Joshua Spector maintains a Buy rating on Celanese and raises the price target to $169, suggesting a strong confidence in the company's future performance.
The increase in price target by a reputable analyst like Joshua Spector from UBS typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100