Information Provided By:
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.