Celanese Corp. (CE) Tops Q1 EPS Views; Updates on FY16 Outlook

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UBS Remains Sidelined on Celanese Corp. (CE) Following 1Q Earnings

April 19, 2016 8:09 AM EDT

UBS reiterated a Neutral rating on Celanese Corp. (NYSE: CE), and raised the price target to $70.00 (from $64.00), following the company's 1Q earnings report.

Analyst John Roberts commented, "Conf. call at 10am (866-235-9919). Reflecting the 1Q beat, CE raised its 2016 EPS guidance to 8-10%... More