Wells Fargo Maintains Overweight on LyondellBasell Industries, Raises Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Overweight rating on LyondellBasell Industries (NYSE:LYB) and raised the price target from $100 to $109.
August 08, 2023 | 6:42 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on LyondellBasell and raised the price target to $109, which could lead to a positive market reaction.
The Overweight rating maintained by Wells Fargo indicates a positive outlook for LyondellBasell. The increase in the price target from $100 to $109 suggests that the analyst sees further upside potential for the stock, which could lead to a positive market reaction in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100