Citigroup Upgrades LyondellBasell Industries to Buy, Raises Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham has upgraded LyondellBasell Industries (NYSE:LYB) from Neutral to Buy and raised the price target from $104 to $106.
October 04, 2023 | 8:22 am
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LyondellBasell Industries has been upgraded from Neutral to Buy by Citigroup, with a raised price target from $104 to $106.
The upgrade from Neutral to Buy indicates a positive outlook for LyondellBasell Industries. The raised price target suggests that the analyst believes the stock has potential for growth, which could lead to an increase in the stock price in the short term.
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