UPDATE: Jefferies Raises PT on LyondellBasell Industries on Multiple Debates Ahead
July 16, 2013 at 10:22 AM EDT
In a report published Tuesday, Jefferies analyst Laurence Alexander reiterated a Buy rating on LyondellBasell Industries (NYSE: LYB ), and raised the price target from $75.00 to $80.00. In the report, Jefferies noted, “With the outlook for the ethylene cycle less inspiring in a slow-growth environment (Chart 1), we expect LyondellBasell's
