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Fly News Breaks for October 23, 2019
CE
Oct 23, 2019 | 06:11 EDT
Barclays analyst Duffy Fischer raised his price target for Celanese to $135 from $126 following the company's Q3 results and keeps an Overweight rating on the shares. A large acquisition is less likely than what most investors are pricing in, Fischer tells investors in a research note. He thinks most of Celanese's free cash will go to stock buybacks.
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