LyondellBasell beats quarterly profit estimates, expects margins to improve
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
LyondellBasell Industries (LYB) PT Lowered to $91 at Wolfe Research
August 5, 2024 9:29 AM EDTWolfe Research analyst Chris Parkinson lowered the price target on LyondellBasell Industries (NYSE: LYB) to $91.00 (from $93.00) while maintaining a Underperform rating.
The analyst comments "As of Friday August 2nd, LYB shares have declined 0.7% YTD vs. the S&P 500 at +12.1%, XLB at +5.3% and our Wolfe Commodity Chemical Index at -7.9%. LYB is trading at ~7.3x consensus NTM EBITDA, which is roughly inline with its... More
