Citigroup assumed coverage on shares of Celanese ( NYSE:CE – Get Rating ) in a research report issued to clients and investors on Tuesday, The Fly reports. The brokerage set a 'neutral' rating on the basic materials company's stock. A number of other research firms also recently weighed in on CE. Wells Fargo & Company cut their price target on shares of Celanese from $140.00 to $124.00 in a report on Thursday, May 11th. Bank of America initiated coverage on Celanese in a research report on Wednesday, March 1st.

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