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LyondellBasell – The best is yet to come; raising target price

LyondellBasell – The best is yet to come; raising target price

  • Trepidation around 2011 y-o-y earnings declines overblown, in our view
  • Substantial earnings momentum possible if prices and costs remain at current levels

We rate LYB shares Overweight with a revised target price of USD50 ...full article available after login

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