Fermium Research Maintains Hold on LyondellBasell Industries, Lowers Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Fermium Research analyst Frank Mitsch has maintained a 'Hold' rating on LyondellBasell Industries (NYSE:LYB) and lowered the price target from $100 to $96.
October 30, 2023 | 7:15 pm
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NEGATIVE IMPACT
LyondellBasell's price target has been lowered from $100 to $96 by Fermium Research, while maintaining a 'Hold' rating.
The lowering of the price target by Fermium Research indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on LyondellBasell's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100