Citigroup Maintains Neutral on LyondellBasell Industries, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham maintains a Neutral rating on LyondellBasell Industries (NYSE:LYB) and raises the price target from $96 to $104.

August 08, 2023 | 3:54 pm
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Citigroup maintains a Neutral rating on LyondellBasell and raises the price target to $104.
The news directly pertains to LyondellBasell as Citigroup maintains a Neutral rating on the company and raises the price target. This suggests that Citigroup sees potential in the company but is not overly bullish, which could influence investors' decisions and potentially the stock price. However, as the rating is Neutral, the immediate impact on the stock price may be limited.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100