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Fly News Breaks for June 23, 2016
LYB
Jun 23, 2016 | 06:52 EDT
JPMorgan analyst Jeffrey Zekauskas downgraded LyondellBasell to Neutral from Overweight citing his expectations for increased capital expenditures and the fact that ethane now trades at a premium to its fuel value. Zekauskas lowered his price target on LyondellBasell shares to $80 from $100.
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