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Celanese price target raised to $84 from $81 at Citi

Citi analyst Patrick Cunningham raised the firm’s price target on Celanese (CE) to $84 from $81 and keeps a Buy rating on the shares. The firm adjusted targets in the commodity chemicals as part of a Q1 preview. Citi reiterates Celanese as its top pick given the company’s “value capture “in acetyls amid the feedstock supply shortage.

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