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Stock impact report

KeyBanc Turns Bullish on LyondellBasell (LYB), Sets $73 Target amid Commodity Tailwinds [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
LyondellBasell Industries N.V. (NYSE: LYB ) is included among the 15 Best High Dividend Stocks to Invest in Under $100 KeyBanc Turns Bullish on LyondellBasell (LYB), Sets $73 Target amid Commodity Tailwinds On March 4, KeyBanc Capital Markets upgraded LyondellBasell Industries N.V. (NYSE:LYB) to Overweight from Sector Weight. The firm set a $73 price target on the shares. The firm adjusted several ratings in the chemicals sector as part of what it described as an Iran war “commodities playbook.” Analysts said the conflict could act as a positive catalyst for US petrochemical companies. KeyBanc noted that higher crude oil prices could lift the global cost curve, creating “upside risks” to commodity margins over the next few quarters. The firm also pointed out that the conflict could temporarily tighten global polyethylene supply by 5% to 10%, especially with inventories across the supply chain already running low. Earlier, on February 20, the company reduced its first-quarter Show less Read more
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