BMO Capital Maintains Market Perform on LyondellBasell Industries, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty has maintained a 'Market Perform' rating on LyondellBasell Industries (LYB) and increased the price target from $99 to $105.
April 30, 2024 | 2:02 pm
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POSITIVE IMPACT
BMO Capital maintains a 'Market Perform' rating on LyondellBasell Industries and raises the price target from $99 to $105.
The increase in price target by BMO Capital suggests a positive outlook on LYB's future performance, potentially leading to a short-term increase in stock price. The maintenance of a 'Market Perform' rating indicates that the stock is expected to perform in line with the market, but the raised target suggests some optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100