BofA Cuts LyondellBasell Price Target To $46

On January 8, BofA analyst Matthew DeYoe lowered LyondellBasell's (NYSE:LYB) price target to $46 from $52 and kept a Neutral rating after refreshing sector coverage. LyondellBasell reported stronger cash flow in Q3 2025, a $1.2 billion impairment charge, and reduced 2026 CapEx guidance to $1.2 billion while pursuing asset sales and cost reductions. The moves reflect sector oversupply and cautious capital allocation.
Key Points
- 1BofA cuts LYB price target to $46 and maintains Neutral rating after sector-wide coverage refresh.
- 2Highlights sector oversupply and uneven specialty demand, signaling muted near-term chemical market recovery.
- 3Signals practitioners should monitor LYB's cash flow, impairment impact, asset sales, and reduced 2026 CapEx.
Scoring Rationale
Moderate investment update value, but limited industry-wide novelty and low relevance to AI/ML practitioners and data scientists.
Sources
Public references used for this report.
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