LyondellBasell Industries (LYB) Misses Q2 EPS by 2c, provides outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
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
