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0 0 0.00797186400937874 0.00351699882766719 0.00586166471277843 0.00797186400937874 0.00586166471277843 0.00351699882766719
Stock impact report

LyondellBasell Cut to Equal Weight in Broad Wells Fargo Sector Reset [Yahoo! Finance]

LyondellBasell Industries NV Ordinary Shares Class A (Netherlands) (LYB) 
Last lyondellbasell industries nv ordinary shares class a (netherlands) earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: lyondellbasell.com/en/investors
Company Research Source: Yahoo! Finance
On December 19, Wells Fargo analyst Michael Sison cut LyondellBasell Industries N.V. (NYSE:LYB) to Equal Weight from Overweight and lowered the price target to $45 from $55. The call reflects a tougher view on the chemicals sector overall. Wells Fargo downgraded four companies, saying its industry checks suggest “trough-like conditions” may linger into the first half of 2026. The firm pointed to a slow recovery in China and weak housing markets in the U.S. and Europe as ongoing drags on demand. Interest rate cuts could help over time, but the analyst said clear triggers for a rebound in valuations are still likely a few quarters away. That backdrop shows up clearly in LyondellBasell Industries N.V. (NYSE:LYB)'s stock. Shares are down nearly 41% so far in 2025. Higher raw material costs, soft demand, and tougher competition have all taken a toll. In the third quarter, the company reported revenue of $7.73 billion, down 10% from a year earlier. EBITDA swung sharply, moving to a loss Show less Read more
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