UPDATE: JPMorgan Downgrades LyondellBasell Industries (LYB) to Neutral

Go back to UPDATE: JPMorgan Downgrades LyondellBasell Industries (LYB) to Neutral

Dow and LyondellBasell Industries 'Not the Best Places to Put New Money to Work" - JPM

September 2, 2022 12:03 PM EDT

JPMorgan analyst Jeffrey Zekauskas downgraded shares of LyondellBasell Industries (NYSE: LYB) and Dow (NYSE: DOW) to Neutral from Overweight in a note on Friday.

The analyst, who lowered Dow's price target to $47 from $60 and LyondellBasell's to $80 from $115 per... More