Barclays Maintains Equal-Weight on LyondellBasell Industries, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has maintained an Equal-Weight rating on LyondellBasell Industries (LYB) and increased the price target from $100 to $104.

May 06, 2024 | 3:50 pm
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Barclays has maintained an Equal-Weight rating on LyondellBasell Industries and raised the price target from $100 to $104.
The increase in price target by Barclays reflects a positive outlook on LyondellBasell Industries, suggesting potential upside for the stock. Given the analyst's influence, this adjustment is likely to be viewed positively by the market, potentially leading to a short-term increase in LYB's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100