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Fly News Breaks for January 29, 2018
CE
Jan 29, 2018 | 07:55 EDT
Baird analyst Ghanshaam Panjabi said Celanese shares remain attractive as the company is on track to deliver another outsized earnings growth year in 2018. The analyst remains optimistic that the company should benefit from secular valuation multiple expansion as well as improved operating rates and improving global growth. Panjabi reiterated his Outperform rating and raised his price target to $130 from $120 on Celanese shares.