From Financial Modeling Prep: 2025-03-24 17:14:00

Evercore ISI lowered Celanese’s price target from $85 to $75, maintaining an In Line rating due to near-term opportunities despite medium-term headwinds. Analysts cited macro risks like European auto tariffs and natural gas prices, but believe these won’t impact Celanese in the short term.

With first-quarter guidance issued and positive intra-quarter data, Evercore sees limited downside. Lack of negative pre-announcements suggests a potential upside surprise. The call is based on expectations that investor sentiment is near a trough, with improving visibility and debt maturity extensions easing leverage concerns.

Despite the reduced price target, Evercore sees Celanese as an attractive risk-reward entry point for investors looking to capitalize on a short-term rebound in sentiment and valuation. The company’s stability and potential for operational updates make it an intriguing option for those seeking growth opportunities.



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