LyondellBasell price target lowered to $80 from $90 at Barclays

Barclays lowered the firm’s price target on LyondellBasell (LYB) to $80 from $90 and keeps an Equal Weight rating on the shares post the Q4 report. While management emphasis is on long-term strategy execution, investors remain more cautious on cyclical pressures perhaps being longer and more secular, the analyst tells investors in a research note.