Mizuho raises LyondellBasell price target to $108.00, suggesting a 5.75% potential upside.

Mizuho upped its price target for LyondellBasell Industries (LYB) from $98.00 to $108.00, suggesting a 5.75% potential upside from the current price. The brokerage maintains a "neutral" rating on the specialty chemicals company's stock. LYB reported $1.53 EPS for the quarter, surpassing analysts' consensus estimates of $1.36 by $0.17, and had a net margin of 5.20% and a return on equity of 19.31%.

April 29, 2024
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