Deutsche Bank Maintains Hold on LyondellBasell Industries, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst David Begleiter has maintained a Hold rating on LyondellBasell Industries (LYB) and increased the price target from $100 to $105.
April 30, 2024 | 4:40 pm
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Deutsche Bank maintains a Hold rating on LyondellBasell Industries but raises the price target from $100 to $105.
The increase in price target by Deutsche Bank reflects a positive adjustment in their valuation of LYB, suggesting an expectation of some upward movement in the stock price, albeit within a cautious outlook as indicated by the Hold rating. This adjustment is likely based on recent performance, market conditions, or internal analysis by Deutsche Bank.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100