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Fly News Breaks for July 1, 2016
CE
Jul 1, 2016 | 08:12 EDT
As reported previously, Susquehanna initiated Celanese with a Positive rating to reflect the stock's current risk/reward. The firm noted its recent weakness and see it as a buying opportunity, noting the company's solid free cash flow generation under challenging market conditions. Susquehanna has an $80 price target on Celanese shares.
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