RBC Capital Maintains Outperform on Celanese, Lowers Price Target to $163
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Celanese (NYSE:CE) but lowers the price target from $167 to $163.
October 11, 2024 | 5:54 pm
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RBC Capital has maintained its Outperform rating on Celanese but has slightly reduced the price target from $167 to $163, indicating a modest adjustment in expectations.
The Outperform rating suggests continued confidence in Celanese's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100