Deutsche Bank's Downgrade of Celanese Shares Due to Production Hurdles
Monday, 10 June 2024, 08:54
Deutsche Bank's Downgrade of Celanese Shares
Deutsche Bank has recently downgraded its shares target for Celanese following significant disruptions in the company's production processes. The bank's move is indicative of the growing challenges faced by Celanese in maintaining its expected performance levels.
Production Hurdles Impact Stock Target
- Deutsche Bank's Decision: Reflects concerns about the financial implications of production disruptions on Celanese.
- Stock Performance: Expected to be influenced by the revised target set by the bank.
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