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Analyst: This Chemical Stock Is Now a 'Buy'
塞拉尼斯塞拉尼斯(US:CE) Schaeffers Investment Research·2025-10-02 23:22

Celanese Corp (NYSE:CE) stock is up 5.4% to trade at 44.65atlastglance,afterthe chemicalscompany was upgradedbyCitigroupto"buy"from"neutral,"togowithaprice−targethiketo44.65 at last glance, after the chemicals company was upgraded by Citigroup to "buy" from "neutral," to go with a price-target hike to 53 from 47.TheanalystincoveragesaidCelanese issettobenefitfromChina′scurbedcoalproduction,autobuildsimprovements,andpotentialbalancesheetsupportfromdivestitures.CEispacingforitsfifth−straightgainasittestsaslewofmovingaveragesoverhead,anareathatroughlycoincideswith47. The analyst in coverage said Celanese is set to benefit from China's curbed coal production, auto builds improvements, and potential balance sheet support from divestitures.CE is pacing for its fifth-straight gain as it tests a slew of moving averages overhead, an area that roughly coincides with 50. The sh ...