RBC Capital Maintains Outperform on LyondellBasell Industries, Lowers Price Target to $68
RBC Capital analyst Arun Viswanathan maintains LyondellBasell Industries (NYSE:LYB) with a Outperform and lowers the price target from $72 to $68.
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Barclays Initiates Coverage On LyondellBasell Industries with Equal-Weight Rating, Announces Price Target of $66
Barclays analyst Aleksey Yefremov initiates coverage on LyondellBasell Industries (NYSE:LYB) with a Equal-Weight rating and announces Price Target of $66.
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Citigroup Downgrades LyondellBasell Industries to Neutral, Lowers Price Target to $63
Shares of chemical and coatings companies are trading lower after Iran's Foreign Minister confirmed that Iran has submitted to the U.S. a seven-day plan to reopen the Strait of Hormuz and start discussions on Iran's nuclear program. The return of restricted Gulf-region exports to global markets may pressure margins.