JP Morgan Maintains Overweight on LyondellBasell Industries, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekauskas maintains an Overweight rating on LyondellBasell Industries but lowers the price target from $113 to $110.
September 13, 2024 | 3:54 pm
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JP Morgan's analyst Jeffrey Zekauskas maintains an Overweight rating on LyondellBasell Industries but reduces the price target from $113 to $110, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in LYB's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100