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Celanese price target raised to $62 from $59 at Barclays

Barclays raised the firm’s price target on Celanese (CE) to $62 from $59 and keeps an Equal Weight rating on the shares post the Q1 report. The company reported a solid start to year, demonstrating self-help levers on sales growth, cost, and divestiture optionality, the analyst tells investors in a research note.

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