Deutsche Bank Maintains Hold on Celanese, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst David Begleiter maintains a Hold rating on Celanese (NYSE:CE) but lowers the price target from $175 to $160.
June 10, 2024 | 3:37 pm
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Deutsche Bank has maintained its Hold rating on Celanese but has lowered the price target from $175 to $160, indicating a more cautious outlook.
The lowered price target from $175 to $160 by Deutsche Bank suggests a more cautious outlook on Celanese's future performance, which could lead to a short-term negative impact on the stock price.
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