Information Provided By: 
Fly News Breaks for June 20, 2017
CE
Jun 20, 2017 | 07:12 EDT
RBC Capital analyst Arun Viswanathan raised his price target on Celanese based on the company's intended joint venture with Blackstone (BX). The analyst thinks that the deal "should help reduce uncertainty surrounding the acetate tow business" while "unlocking value through synergies and more efficient use of capital." He adds that the deal "puts Celanese comfortably on pace to meet future earnings targets." The analyst says that the deal marks a positive turning point for Celanese, and he keeps an Outperform rating on the shares.
News For CE From the Last 2 Days
There are no results for your query CE
