JP Morgan Upgrades Celanese to Neutral, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekauskas has upgraded Celanese (NYSE:CE) from Underweight to Neutral while lowering the price target from $156 to $130.
August 05, 2024 | 10:46 am
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JP Morgan analyst Jeffrey Zekauskas has upgraded Celanese from Underweight to Neutral and lowered the price target from $156 to $130.
The upgrade from Underweight to Neutral suggests a more positive outlook on Celanese, which could stabilize the stock price. However, the lowered price target indicates tempered expectations for future growth, balancing the overall impact.
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IMPORTANCE 80
RELEVANCE 100