Fly News Breaks for April 4, 2017
CE
Apr 4, 2017 | 07:29 EDT
Goldman analyst Robert Koort added Celanese to the Conviction Buy List with a $110 price target telling investors he expects share to re-rate due to improving mix and from the fast-growing, high margin Advanced Engineered Materials franchise. Koort also believes Acetyle Chain global rates are bottoming and cost inflation from higher feedstock prices may drive higher product pricing.
News For CE From the Last 2 Days