B of A Securities Maintains Underperform on Celanese, Lowers Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Steve Byrne maintains an Underperform rating on Celanese (NYSE:CE) and lowers the price target from $137 to $128.
August 12, 2024 | 5:17 pm
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B of A Securities analyst Steve Byrne maintains an Underperform rating on Celanese and lowers the price target from $137 to $128.
The Underperform rating and lowered price target from $137 to $128 by B of A Securities suggest a negative outlook for Celanese in the short term. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100