Seeking Alpha

Deutsche Bank is out with some posititve comments on LyondellBasell Industries (LYB +2.7%)...

Deutsche Bank is out with some posititve comments on LyondellBasell Industries (LYB +2.7%) today, raising its price target to $75 from $70 and reiterating its Buy rating on the back of its investor meeting. Deutsche's David Begleiter noted that LYB's investor meeting exceeded expectations as management increased its EBITDA target in 2016 from new capacity/improvement projects to $1.6 - $2.0B from $1B previously, and he's confident the company can earn $10 a share.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)