RBC Capital analyst Arun Viswanathan downgraded LyondellBasell (LYB) to Sector Perform from Outperform with a price target of $62, down from $90. The firm says growing concerns around U.S. polyethylene margin compression from tariff impacts are a risk to the company’s earnings in 2025 as lower exports could cause the U.S. market to become significantly oversupplied. Additionally, cold weather and outages could result in a weaker Q1 than previously expected for LyondellBasell, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYB:
- LyondellBasell price target lowered to $67 from $84 at Piper Sandler
- LyondellBasell downgraded to Sell from Neutral at UBS
- LyondellBasell Faces Sell Rating Amidst Oversupply and Financial Challenges
- KeyBanc sees Dow Inc., LyondellBasell earnings most at risk after tariff news
- LyondellBasell price target lowered to $85 from $90 at Wells Fargo