Celanese Corp. (CE) Reports In-Line Q4 EPS; Maintains Growth Outlook

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Celanese (CE) PT Raised to $98 at Barclays

February 2, 2017 8:49 AM EST

Barclays raised its price target on Celanese (NYSE: CE) to $98.00 (from $85.00) while maintaining a Overweight rating.

Analyst Duffy Fischer commented, "CE reported 4Q'16 adj. EPS of $1.52 vs. consensus of $1.51 and $1.25 in 4Q'15. Earnings in Materials Solution continue to drive EPS growth, with +20% y/y... More