Fly News Breaks for February 3, 2020
Feb 3, 2020 | 09:08 EDT
Wells Fargo analyst Michael Sison lowered his price target for Celanese to $135 from $140 following quarterly results. While weaker Q4 results and tougher external environment for 2020 persists, the analyst believes Celanese can still deliver "strong" low teens EPS growth in 2020 with the majority within its control. He has an Overweight rating on the shares.
News For CE From the Last 2 Days
Sep 23, 2021 | 18:00 EDT
Celanese announced that it has lifted force majeure for the following products in the Western Hemisphere: Acetic Acid; Ethyl Acetate; Acetic Anhydride; Methyl Acetate; Dimethylamine and Trimethylamine; Methyl Isobutyl Carbinol and Methyl Isobutyl Ketone; and Paraformaldehyde. Celanese declared force majeure on February 18 due to the impacts of extreme winter weather on its operations and supply chain in the U.S. Gulf Coast.