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Stock impact report

Celanese (CE) Climbs 14.75% on ‘Top Pick' Rating; to Reap Gains from Middle East Tensions [Yahoo! Finance]

Celanese Corporation Celanese Corporation (CE) 
Last celanese corporation celanese corporation earnings: 4/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.celanese.com
Company Research Source: Yahoo! Finance
Celanese Corp. (NYSE:CE) is one of the 10 Stock Winners in a Brutal Market Celanese soared by 14.75 percent on Thursday to finish at $59.60 apiece as investors took heart from an analyst upgrade on optimism that it would benefit from the ongoing tensions in the Middle East, with the investment firm naming it as the top pick in the chemical sector. In a market report, Citigroup raised its price target for Celanese Corp. (NYSE:CE) to $81 from $75 previously, while maintaining its “buy” recommendation. The coverage reflected its optimism that the company would benefit from higher profit margins as a result of the ongoing tensions in the Middle East that are disrupting global supply and propelling oil prices higher. Celanese (CE) Climbs 14.75% on 'Top Pick' Rating; to Reap Gains from Middle East Tensions Copyright: kadmy / 123RF Stock Photo Citigroup said that such factors could boost margins for North American chemical producers with access to low-cost natural gas feedstocks Show less Read more
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