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Celanese Corporation (NYSE: CE) has faced a series of downgrades and reduced price targets from prominent financial institutions, reflecting growing concerns about the company’s performance in a challenging global environment. Most recently, on 5 September, analysts at Piper Sandler downgraded Celanese from Overweight to Neutral, lowering the price target from $180 to $150. This revision was driven by persistent headwinds in two key markets—China and the European Union—that have impacted Celanese’s earnings potential. Piper Sandler’s updated estimates reflect a significant reduction in expecte…