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Celanese price target raised to $195 from $180 at Wells Fargo

Wells Fargo analyst Michael Sison raised the firm’s price target on Celanese to $195 from $180 and keeps an Overweight rating on the shares. Acetyl dynamics appear to have bottomed and the firm still sees a ramp in EPS during the second quarter vs. the first quarter, the analyst tells investors in a research note.

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