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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.
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