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Fly News Breaks for September 17, 2018
LYB
Sep 17, 2018 | 07:56 EDT
Citi analyst P.J. Juvekar downgraded LyondellBasell to Neutral with a reduced price target of $109. The current rise in ethane is likely to persist until Q2 of 2019, Juvekar tells investors in a research note. The analyst thinks there may be a better entry point for LyondellBasell over the next few quarters "as the margin squeeze plays out."
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