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LyondellBasell downgraded to Neutral on 'muted' U.S. advantage at Citi » 06:48
06/29/20
06/29
06:48
06/29/20
06:48
LYB

LyondellBasell

$63.37 /

-0.685 (-1.07%)

Citi analyst P.J. Juvekar…

Citi analyst P.J. Juvekar downgraded LyondellBasell to Neutral from Buy with a price target of $64, up from $60. COVID-19 and the resulting fall in U.S. shale oil, natural gas liquid and natural gas production could "upend expectations" of low and range-bound U.S. natural gas liquid prices, Juvekar tells investors in a research note. The analyst downgrades LyondellBasell saying the company's U.S. advantage is "likely to be muted."

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LYB LyondellBasell
$63.37 /

-0.685 (-1.07%)

LYB LyondellBasell
$63.37 /

-0.685 (-1.07%)

06/29/20 Citi
LyondellBasell downgraded to Neutral from Buy at Citi
06/26/20 JPMorgan
LyondellBasell price target raised to $62 from $50 at JPMorgan
06/01/20 Atlantic Equities
LyondellBasell initiated with an Overweight at Atlantic Equities
05/26/20
Fly Intel: Top five analyst upgrades
LYB LyondellBasell
$63.37 /

-0.685 (-1.07%)

LYB LyondellBasell
$63.37 /

-0.685 (-1.07%)

LYB LyondellBasell
$63.37 /

-0.685 (-1.07%)

Downgrade
LyondellBasell downgraded to Neutral from Buy at Citi » 06:30
06/29/20
06/29
06:30
06/29/20
06:30
LYB

LyondellBasell

$63.37 /

-0.685 (-1.07%)

Citi analyst P.J. Juvekar…

Citi analyst P.J. Juvekar downgraded LyondellBasell to Neutral from Buy with a $64 price target.

ShowHide Related Items >><<
LYB LyondellBasell
$63.37 /

-0.685 (-1.07%)

LYB LyondellBasell
$63.37 /

-0.685 (-1.07%)

06/26/20 JPMorgan
LyondellBasell price target raised to $62 from $50 at JPMorgan
06/01/20 Atlantic Equities
LyondellBasell initiated with an Overweight at Atlantic Equities
05/26/20
Fly Intel: Top five analyst upgrades
05/26/20 Deutsche Bank
Deutsche upgrades LyondellBasell on improving polyethylene market
LYB LyondellBasell
$63.37 /

-0.685 (-1.07%)

LYB LyondellBasell
$63.37 /

-0.685 (-1.07%)

LYB LyondellBasell
$63.37 /

-0.685 (-1.07%)

Over a week ago
Recommendations
LyondellBasell price target raised to $62 from $50 at JPMorgan » 08:12
06/26/20
06/26
08:12
06/26/20
08:12
LYB

LyondellBasell

$64.06 /

+3.405 (+5.61%)

JPMorgan analyst Jeffrey…

JPMorgan analyst Jeffrey Zekauskas raised the firm's price target on LyondellBasell to $62 from $50 and keeps a Neutral rating on the shares. While the fundamental values of the petrochemical companies have been damaged by lower oil prices, fundamentals "certainly could be worse," Zekauskas tells investors in a research note. Low production rates in Q2 as well as higher ethane values have led the analyst to lower EBITDA estimates. Zekauskas thinks Lyondell is closer to fair value in the current market and Dow is "trading richly." However, market volatility and their high dividends make shorting them, at this juncture, unsatisfactory from a risk/reward standpoint, says the analyst.

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LYB LyondellBasell
$64.06 /

+3.405 (+5.61%)

LYB LyondellBasell
$64.06 /

+3.405 (+5.61%)

06/01/20 Atlantic Equities
LyondellBasell initiated with an Overweight at Atlantic Equities
05/26/20
Fly Intel: Top five analyst upgrades
05/26/20 Deutsche Bank
Deutsche upgrades LyondellBasell on improving polyethylene market
05/26/20 Deutsche Bank
LyondellBasell upgraded to Buy from Hold at Deutsche Bank
LYB LyondellBasell
$64.06 /

+3.405 (+5.61%)

LYB LyondellBasell
$64.06 /

+3.405 (+5.61%)

LYB LyondellBasell
$64.06 /

+3.405 (+5.61%)

Over a month ago
Initiation
LyondellBasell initiated with an Overweight at Atlantic Equities » 10:00
06/01/20
06/01
10:00
06/01/20
10:00
LYB

LyondellBasell

$64.05 /

+0.25 (+0.39%)

Atlantic Equities analyst…

Atlantic Equities analyst Colin Isaac initiated coverage of LyondellBasell with an Overweight rating and $76 price target.

ShowHide Related Items >><<
LYB LyondellBasell
$64.05 /

+0.25 (+0.39%)

LYB LyondellBasell
$64.05 /

+0.25 (+0.39%)

05/26/20
Fly Intel: Top five analyst upgrades
05/26/20 Deutsche Bank
Deutsche upgrades LyondellBasell on improving polyethylene market
05/26/20 Deutsche Bank
LyondellBasell upgraded to Buy from Hold at Deutsche Bank
05/11/20 Alembic Global
LyondellBasell downgraded to Neutral from Overweight at Alembic Global
LYB LyondellBasell
$64.05 /

+0.25 (+0.39%)

LYB LyondellBasell
$64.05 /

+0.25 (+0.39%)

LYB LyondellBasell
$64.05 /

+0.25 (+0.39%)

Upgrade
Fly Intel: Top five analyst upgrades » 10:08
05/26/20
05/26
10:08
05/26/20
10:08
HPE

HP Enterprise

$9.47 /

+0.3 (+3.27%)

, LUV

Southwest

$32.10 /

+3.22 (+11.15%)

, LYB

LyondellBasell

$65.60 /

+5.18 (+8.57%)

, REGN

Regeneron

$538.89 /

-31.05 (-5.45%)

, IRBT

iRobot

$76.91 /

+3.77 (+5.15%)

Catch up on today's…

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. HP Enterprise (HPE) upgraded to Neutral from Underweight at JPMorgan with analyst Paul Coster citing valuation. 2. Southwest (LUV) upgraded to Buy from Neutral at UBS with analyst Myles Walton saying the path for a domestic travel recovery is clearer. 3. LyondellBasell (LYB) upgraded to Buy from Hold at Deutsche Bank with analyst David Begleiter saying he sees potential upside of 20% in the shares as the outlook for the U.S. polyethylene market has "improved significantly" over the past month. 4. Regeneron (REGN) upgraded to Overweight from Equal Weight at Wells Fargo with analyst Jim Birchenough citing a review of recent progress and on an improved outlook for key products EYLEA, DUPIXENT and LIBTAYO plus earlier pipeline progress. 5. iRobot (IRBT) upgraded to Neutral from Underweight at JPMorgan with analyst Mark Strouse saying he sees "several mild positive developments" recently, including iRobot's technology licensing deal with Ecovacs, that he believes could help fill some holes in the product lineup in certain geographies. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
REGN Regeneron
$538.89 /

-31.05 (-5.45%)

LYB LyondellBasell
$65.60 /

+5.18 (+8.57%)

LUV Southwest
$32.10 /

+3.22 (+11.15%)

IRBT iRobot
$76.91 /

+3.77 (+5.15%)

HPE HP Enterprise
$9.47 /

+0.3 (+3.27%)

HPE HP Enterprise
$9.47 /

+0.3 (+3.27%)

05/26/20 JPMorgan
HP Enterprise upgraded to Neutral on valuation at JPMorgan
05/26/20 JPMorgan
HP Enterprise upgraded to Neutral from Underweight at JPMorgan
05/22/20
Fly Intel: Top five analyst downgrades
05/22/20 Raymond James
HP Enterprise downgraded to Market Perform from Outperform at Raymond James
LUV Southwest
$32.10 /

+3.22 (+11.15%)

05/26/20 UBS
Southwest upgraded to Buy from Neutral at UBS
05/19/20 Goldman Sachs
Southwest, United seeing modest improvements in demand, says Goldman Sachs
05/04/20 Barclays
Barclays downgrades U.S. Airlines sector along with American and Delta
05/04/20 Barclays
Southwest price target lowered to $35 from $40 at Barclays
LYB LyondellBasell
$65.60 /

+5.18 (+8.57%)

05/26/20 Deutsche Bank
Deutsche upgrades LyondellBasell on improving polyethylene market
05/26/20 Deutsche Bank
LyondellBasell upgraded to Buy from Hold at Deutsche Bank
05/11/20 Alembic Global
LyondellBasell downgraded to Neutral from Overweight at Alembic Global
05/04/20
Fly Intel: Top five analyst downgrades
REGN Regeneron
$538.89 /

-31.05 (-5.45%)

05/26/20 RBC Capital
BioMarin among Sanofi's most intriguing potential targets, says RBC Capital
05/26/20 Piper Sandler
Piper remains buyer of Regeneron, ups target to $630 on buyback accretion
05/26/20 SVB Leerink
Sanofi overhang removed, Regeneron capital structure improving, says SVB Leerink
05/26/20 Wells Fargo
Regeneron upgraded to Overweight at Wells Fargo on EYLEA Survey
IRBT iRobot
$76.91 /

+3.77 (+5.15%)

05/26/20 JPMorgan
iRobot upgraded to Neutral on encouraging trends at JPMorgan
05/26/20 JPMorgan
iRobot upgraded to Neutral from Underweight at JPMorgan
05/18/20
Dougherty upgrades iRobot to Buy amid fall in house cleaning services
05/18/20
iRobot upgraded to Buy from Neutral at Dougherty
REGN Regeneron
$538.89 /

-31.05 (-5.45%)

LYB LyondellBasell
$65.60 /

+5.18 (+8.57%)

LUV Southwest
$32.10 /

+3.22 (+11.15%)

IRBT iRobot
$76.91 /

+3.77 (+5.15%)

HPE HP Enterprise
$9.47 /

+0.3 (+3.27%)

  • 27
    May
REGN Regeneron
$538.89 /

-31.05 (-5.45%)

LUV Southwest
$32.10 /

+3.22 (+11.15%)

IRBT iRobot
$76.91 /

+3.77 (+5.15%)

HPE HP Enterprise
$9.47 /

+0.3 (+3.27%)

REGN Regeneron
$538.89 /

-31.05 (-5.45%)

LYB LyondellBasell
$65.60 /

+5.18 (+8.57%)

LUV Southwest
$32.10 /

+3.22 (+11.15%)

IRBT iRobot
$76.91 /

+3.77 (+5.15%)

HPE HP Enterprise
$9.47 /

+0.3 (+3.27%)

REGN Regeneron
$538.89 /

-31.05 (-5.45%)

LYB LyondellBasell
$65.60 /

+5.18 (+8.57%)

LUV Southwest
$32.10 /

+3.22 (+11.15%)

IRBT iRobot
$76.91 /

+3.77 (+5.15%)

HPE HP Enterprise
$9.47 /

+0.3 (+3.27%)

Upgrade
Deutsche upgrades LyondellBasell on improving polyethylene market » 06:43
05/26/20
05/26
06:43
05/26/20
06:43
LYB

LyondellBasell

$60.42 /

+0.17 (+0.28%)

Deutsche Bank analyst…

Deutsche Bank analyst David Begleiter upgraded LyondellBasell to Buy from Hold with a price target of $72, up from $60. The analyst sees potential upside of 20% in the shares as the outlook for the U.S. polyethylene market has "improved significantly" over the past month. While prices fell in April, polyethylene prices are now forecasted to be flat in May and in June, a 4 c/lb increase has been announced and is gaining a momentum, Begleiter tells investors in a research note.

ShowHide Related Items >><<
LYB LyondellBasell
$60.42 /

+0.17 (+0.28%)

LYB LyondellBasell
$60.42 /

+0.17 (+0.28%)

05/26/20 Deutsche Bank
LyondellBasell upgraded to Buy from Hold at Deutsche Bank
05/11/20 Alembic Global
LyondellBasell downgraded to Neutral from Overweight at Alembic Global
05/04/20
Fly Intel: Top five analyst downgrades
05/04/20 BofA
LyondellBasell downgraded to Underperform from Neutral at BofA
LYB LyondellBasell
$60.42 /

+0.17 (+0.28%)

LYB LyondellBasell
$60.42 /

+0.17 (+0.28%)

LYB LyondellBasell
$60.42 /

+0.17 (+0.28%)

Upgrade
LyondellBasell upgraded to Buy from Hold at Deutsche Bank » 04:37
05/26/20
05/26
04:37
05/26/20
04:37
LYB

LyondellBasell

$60.42 /

+0.17 (+0.28%)

Deutsche Bank analyst…

Deutsche Bank analyst David Begleiter upgraded LyondellBasell to Buy from Hold with a $72 price target.

ShowHide Related Items >><<
LYB LyondellBasell
$60.42 /

+0.17 (+0.28%)

LYB LyondellBasell
$60.42 /

+0.17 (+0.28%)

05/11/20 Alembic Global
LyondellBasell downgraded to Neutral from Overweight at Alembic Global
05/04/20
Fly Intel: Top five analyst downgrades
05/04/20 BofA
LyondellBasell downgraded to Underperform from Neutral at BofA
05/04/20 BofA
Dow Inc. downgraded to Underperform from Buy at BofA
LYB LyondellBasell
$60.42 /

+0.17 (+0.28%)

LYB LyondellBasell
$60.42 /

+0.17 (+0.28%)

LYB LyondellBasell
$60.42 /

+0.17 (+0.28%)

Downgrade
LyondellBasell downgraded to Neutral from Overweight at Alembic Global » 07:07
05/11/20
05/11
07:07
05/11/20
07:07
LYB

LyondellBasell

$56.43 /

+2.75 (+5.12%)

Alembic Global analyst…

Alembic Global analyst Hassan Ahmed downgraded LyondellBasell to Neutral from Overweight with a $55 price target.

ShowHide Related Items >><<
LYB LyondellBasell
$56.43 /

+2.75 (+5.12%)

05/04/20
Fly Intel: Top five analyst downgrades
05/04/20 BofA
LyondellBasell downgraded to Underperform from Neutral at BofA
05/04/20 BofA
Dow Inc. downgraded to Underperform from Buy at BofA
05/04/20 Scotiabank
LyondellBasell downgraded to Sector Perform from Outperform at Scotiabank
Downgrade
Fly Intel: Top five analyst downgrades » 10:10
05/04/20
05/04
10:10
05/04/20
10:10
DIS

Disney

$101.30 /

-4.22 (-4.00%)

, HON

Honeywell

$135.47 /

-1.79 (-1.30%)

, CVX

Chevron

$89.40 /

-0.06 (-0.07%)

, CTSH

Cognizant

$55.79 /

-0.75 (-1.33%)

, DOW

Dow Inc.

$32.44 /

-1.47 (-4.34%)

, LYB

LyondellBasell

$52.41 /

-2.66 (-4.83%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Disney (DIS) downgraded to Neutral from Buy at MoffettNathanson with analyst Michael Nathanson saying Disney has "advantaged assets to win" in the new world created by COVID-19, but the uncertainty of the present situation creates "significant and unrivaled earnings risk for the foreseeable future." 2. Honeywell (HON) downgraded to Hold from Buy at Deutsche Bank with analyst Nicole DeBlase saying Honeywell has historically outperformed during downturns, but this has not been the case in a significant way this time around. 3. Chevron (CVX) downgraded to Buy from Conviction Buy at Goldman Sachs with analyst Neil Mehta citing the stock's recent outperformance relative to the U.S. Majors for the removal from the firm's Conviction List. 4. Cognizant (CTSH) downgraded to Market Perform from Outperform at BMO Capital with analyst Keith Bachman saying COVID-19 is causing new project awards to be delayed, incremental pricing pressure on existing work, and margin pressures due to revenue variances. 5. LyondellBasell (LYB) and Dow Inc. (DOW) were downgraded to Underperform from Buy at BofA. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
DIS Disney
$101.30 /

-4.22 (-4.00%)

05/04/20 Morgan Stanley
Disney price target lowered to $125 ahead of earnings at Morgan Stanley
05/04/20 MoffettNathanson
MoffettNathanson downgrades Disney on 'significant and unrivaled' risk
05/04/20 MoffettNathanson
Disney downgraded to Neutral from Buy at MoffettNathanson
04/28/20 Wells Fargo
SeaWorld price target lowered to $16 from $36 at Wells Fargo
HON Honeywell
$135.47 /

-1.79 (-1.30%)

05/04/20 Baird
Honeywell operational excellence limits downside, says Baird
05/04/20 Credit Suisse
Honeywell price target raised to $158 from $148 at Credit Suisse
05/04/20 Deutsche Bank
Honeywell downgraded to Hold from Buy at Deutsche Bank
05/04/20 Deutsche Bank
Honeywell downgraded to Hold from Buy at Deutsche Bank
CVX Chevron
$89.40 /

-0.06 (-0.07%)

05/04/20 Craig-Hallum
Chevron price target raised to $100 from $81 at Craig-Hallum
05/04/20 Goldman Sachs
Chevron downgraded to Buy from Conviction Buy at Goldman Sachs
04/08/20 Mizuho
Chevron price target lowered to $100 from $140 at Mizuho
03/23/20 BofA
BofA double upgrades Chevron to Buy amid six Oil and Gas rating changes
CTSH Cognizant
$55.79 /

-0.75 (-1.33%)

05/04/20 BMO Capital
Cognizant downgraded to Market Perform from Outperform at BMO Capital
04/14/20 Wells Fargo
Cognizant price target lowered to $60 from $76 at Wells Fargo
04/13/20 Baird
Cognizant price target raised to $60 from $50 at Baird
03/30/20 BMO Capital
Cognizant price target lowered to $53 from $77 at BMO Capital
DOW Dow Inc.
$32.44 /

-1.47 (-4.34%)

05/04/20 SunTrust
Dow Inc. price target lowered to $37 from $47 at SunTrust
05/04/20 BofA
LyondellBasell downgraded to Underperform from Neutral at BofA
05/04/20 BofA
Dow Inc. downgraded to Underperform from Buy at BofA
05/01/20
Fly Intel: Top five analyst downgrades
LYB LyondellBasell
$52.41 /

-2.66 (-4.83%)

05/04/20 Scotiabank
LyondellBasell downgraded to Sector Perform from Outperform at Scotiabank
04/17/20 BofA
LyondellBasell downgraded to Neutral from Buy at BofA
Downgrade
LyondellBasell downgraded to Underperform from Neutral at BofA » 06:53
05/04/20
05/04
06:53
05/04/20
06:53
LYB

LyondellBasell

$55.07 /

-2.86 (-4.94%)

, DOW

Dow Inc.

$33.91 /

-2.75 (-7.50%)

BofA analyst Steve Byrne…

BofA analyst Steve Byrne downgraded LyondellBasell (LYB) to Underperform from Neutral with a price target of $57, up from $53. Much of chemical demand has been affected by less auto production, less construction, less gasoline consumption, and lower industry operating rates, but polyethylene demand has been relatively robust, noted Byrne. However, for polyethylene, the the challenges are related to supply expansion in China. Given this backdrop, he sees modest EBITDA gains for both Dow Inc. (DOW) and LyondellBasell through 2021, particularly in their polyethylene businesses, the analyst tells investors.

ShowHide Related Items >><<
LYB LyondellBasell
$55.07 /

-2.86 (-4.94%)

05/04/20 BofA
Dow Inc. downgraded to Underperform from Buy at BofA
05/04/20 Scotiabank
LyondellBasell downgraded to Sector Perform from Outperform at Scotiabank
04/17/20 BofA
LyondellBasell downgraded to Neutral from Buy at BofA
04/16/20
Fly Intel: Top five analyst downgrades
DOW Dow Inc.
$33.91 /

-2.75 (-7.50%)

05/01/20
Fly Intel: Top five analyst downgrades
05/01/20 RBC Capital
Dow Inc. price target raised to $40 from $34 at RBC Capital
05/01/20 Citi
Dow Inc. downgraded to Neutral from Buy at Citi

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