Wells Fargo Maintains Overweight on LyondellBasell Industries, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison maintains an Overweight rating on LyondellBasell Industries (NYSE:LYB) but lowers the price target from $117 to $110.
August 05, 2024 | 1:03 pm
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Wells Fargo analyst Michael Sison maintains an Overweight rating on LyondellBasell Industries (NYSE:LYB) but lowers the price target from $117 to $110.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on LYB's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100