Wells Fargo Maintains Overweight on Celanese, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Overweight rating on Celanese (NYSE:CE) and increased the price target from $180 to $195.
March 22, 2024 | 3:37 pm
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Wells Fargo analyst Michael Sison has reaffirmed an Overweight rating on Celanese and raised the price target from $180 to $195.
The increase in price target by a reputable analyst like Michael Sison suggests a strong bullish outlook on Celanese, likely due to positive performance indicators or market conditions favoring the company. This endorsement can positively influence investor sentiment and potentially drive up the stock price in the short term.
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