Seeking Alpha

Falling feedstock costs should insulate LyondellBasell (LYB +1.4%) from weaker demand prospects...

Falling feedstock costs should insulate LyondellBasell (LYB +1.4%) from weaker demand prospects in H1 2013, Jefferies predicts in hiking its price target on shares to $68 from $63. Various headwinds are discounted in LYB's stock price and will be somewhat offset by favorable raw material trends and improved refinery margins, the firm says. DOW and EMN should benefit from many of the same trends.
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