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Fly News Breaks for July 19, 2019
LYB
Jul 19, 2019 | 06:52 EDT
JPMorgan analyst Jeffrey Zekauskas reinstated coverage of LyondellBasell with an Underweight rating and $80 price target following a period of restriction. The rating is unchanged and his price target is lowered from $95. The analyst believes the major global petrochemical companies face pricing and demand headwinds.
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