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Key Points We’re updating our forecast for HWM post last week’s 2Q25 earnings call and we’re also reiterating our Overweight rating on the shares. Our target price rises USD29 to USD216 on...
Key Points We’re reiterating our Overweight rating for HII post the firm’s 2Q earnings call yesterday, and we’re raising our target price by USD63 to USD328. We’ve edged our terminal multiple up...
Key Points Q2'25 EBITDA and EPS miss Near-term outlook commentary was mixed We rate LYB shares Neutral with a 12-month target price of USD67 per share Summary LyondellBasell announced Q2’25 results this morning: Recurring EBITDA...
Key Points Q2’25 EBITDA miss; midpoint of Q3'25 guidance range below consensus EBITDA contraction observed across all three segments (y-o-y). Management commentary cautious We rate HUN shares Overweight with a 12-month target price...
Key Points Q3’25 EPS and EBITDA beat on strong base business performance Q4’25 guidance below consensus We rate Air Products shares Overweight, with a 12-month target price of USD375 Summary Air Products reported Q3’25 adjusted...