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Fly News Breaks for June 6, 2018
LYB
Jun 6, 2018 | 07:19 EDT
Wells Fargo analyst Frank Mitsch raised his price target for LyondellBasell to $130 from $125 on reduced sulfur regulations, taking effect on January 1, 2020, and as he expects to see more material moves in the heavy light spread sooner rather than later. The analyst reiterates an Outperform rating on the shares.
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