Morgan Stanley Reiterates Overweight on LyondellBasell Industries, Maintains $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Vincent Andrews has reiterated an Overweight rating on LyondellBasell Industries (NYSE:LYB) and maintained a $100 price target.
July 19, 2023 | 3:04 pm
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Morgan Stanley has reiterated an Overweight rating on LyondellBasell Industries and maintained a $100 price target.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for LyondellBasell Industries. The maintained price target of $100 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100