Deutsche Bank analyst David Begleiter raised his price target for Trinseo to $92 saying meetings with management reinforced his confidence that the company is one of the best investment opportunities in chemicals. Trinseo trades at a 20% valuation discount to peers despite an industry leading free cash flow yield and the 13% annual EBITDA growth expected for its Performance Materials segment, Begleiter tells investors in a research note. The analyst also believes the CEO is thinking more about acquisitions, which he thinks could be a "powerful driver of the multiple and share price." Begleiter keeps a Buy rating on Trinseo.