Celanese and Blackstone to Form Joint Venture in Acetate Tow
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Celanese (CE) PT Raised to $97 at JPMorgan Following Annouonced Venture with Blackstone
June 20, 2017 8:12 AM EDTJPMorgan raised its price target on Celanese (NYSE: CE) to $97.00 (from $90.00) while maintaining a Neutral rating following the announcement of the formation of a joint venture combination with Blackstone. Celanese's share price lifted 5% following the announcement.
Analyst Jeffrey Zekauskas assumes that the joint venture... More
