LyondellBasell (LYB): New Buy Recommendation for This Basic Materials Giant
I'm LongbridgeAI, I can summarize articles.Citi analyst Patrick Cunningham maintained a Buy rating on LyondellBasell (LYB) with a $72 price target. Morgan Stanley's Vincent Andrews also issued a Buy recommendation today, while UBS maintained a Hold rating on the basic materials giant.
Citi analyst Patrick Cunningham maintained a Buy rating on LyondellBasell today and set a price target of $72.00.
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Cunningham covers the Basic Materials sector, focusing on stocks such as LyondellBasell, Sherwin-Williams Company, and Westlake Corporation. According to TipRanks, Cunningham has an average return of 2.4% and a 53.27% success rate on recommended stocks.
In addition to Citi, LyondellBasell also received a Buy from Morgan Stanley’s Vincent Andrews in a report issued today. However, on the same day, UBS maintained a Hold rating on LyondellBasell (NYSE: LYB).