Citigroup Maintains Neutral on Celanese, Raises Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham maintains a Neutral rating on Celanese (NYSE:CE) and raises the price target from $150 to $167.

April 10, 2024 | 5:51 pm
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Citigroup maintains a Neutral rating on Celanese and raises the price target from $150 to $167.
The increase in price target by Citigroup suggests a positive outlook on Celanese's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for Celanese, likely leading to increased investor interest and potentially a rise in stock price.
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IMPORTANCE 75
RELEVANCE 90