RBC Capital Maintains Outperform on Celanese, Raises Price Target to $176
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Celanese (CE) and raises the price target from $171 to $176.
May 13, 2024 | 2:45 pm
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POSITIVE IMPACT
RBC Capital has maintained its Outperform rating on Celanese and increased the price target from $171 to $176, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Arun Viswanathan suggests a strong confidence in Celanese's future performance. Such endorsements often lead to positive short-term price movements as they reflect expectations of strong financial health and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100