RBC Capital Maintains Outperform on LyondellBasell Industries, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on LyondellBasell Industries (NYSE:LYB) but lowers the price target from $112 to $110.
October 11, 2024 | 5:50 pm
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RBC Capital maintains an Outperform rating on LyondellBasell Industries but lowers the price target from $112 to $110, indicating a slight adjustment in expectations.
The Outperform rating suggests continued confidence in LYB's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100