Wolfe Research Initiates Coverage On LyondellBasell Industries with Underperform Rating
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Chris Parkinson initiates coverage on LyondellBasell Industries (NYSE:LYB) with an Underperform rating.
March 01, 2024 | 10:57 am
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NEGATIVE IMPACT
Wolfe Research has initiated coverage on LyondellBasell Industries with an Underperform rating.
The initiation of coverage by Wolfe Research with an Underperform rating suggests a bearish outlook on LyondellBasell Industries. This rating could influence investor sentiment and potentially lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100