B of A Securities Upgrades LyondellBasell Industries to Neutral, Raises Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Steve Byrne has upgraded LyondellBasell Industries (NYSE:LYB) from Underperform to Neutral and raised the price target from $99 to $107.
October 18, 2023 | 12:02 pm
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LyondellBasell Industries has been upgraded to Neutral from Underperform by B of A Securities, with a raised price target of $107.
The upgrade from Underperform to Neutral indicates a more positive outlook for LyondellBasell Industries by B of A Securities. The raised price target from $99 to $107 suggests the analyst believes the stock has potential for growth in the short term. This could lead to increased investor interest and potentially a rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100