Citi analyst Patrick Cunningham raised the firm’s price target on LyondellBasell (LYB) to $46 from $40 and keeps a Neutral rating on the shares. The firm upped estimates and targets in the commodity chemicals group as part of a Q4 earnings preview. Producer discipline and lower ethane costs in 2026 should help margins, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYB:
- Early notable gainers among liquid option names on January 14th
- LyondellBasell price target lowered to $46 from $52 at BofA
- LyondellBasell downgraded to Hold from Buy at Vertical Research
- LyondellBasell price target lowered to $38 from $41 at UBS
- LyondellBasell downgraded to Equal Weight from Overweight at Wells Fargo