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Fly News Breaks for December 30, 2016
LYB
Dec 30, 2016 | 07:37 EDT
Cowen analyst Charles Neivert raised his estimates on LyondellBasell on expected higher margins and benefits from its own capacity gains. Longer term, the analyst sees challenges from a combination of macro issues and upcoming industry expansion, which he expects to limit any strong share advances. Neivert maintained his Market Perform rating and raised his price target to $90 from $87 on LyondellBasell shares.
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