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These Analysts Slash Their Forecasts On LyondellBasell Industries After Q4 Results

1. LyondellBasell reported revenues of $9.497 billion, exceeding expectations. 2. Fourth-quarter EPS at 75 cents met consensus estimates despite a revenue decline. 3. Company anticipates improved seasonal demand, bolstered by lower interest rates. 4. Analysts adjusted price targets downwards post-earnings but maintained ratings. 5. LyondellBasell continues focus on sustainable products and shareholder value.

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FAQ

Why Neutral?

While revenues exceeded expectations, the downward price target revisions suggest limited upside, similar to past trends where mixed results led to price stability.

How important is it?

The earnings report is significant but overshadowed by mixed analyst reactions, reflecting moderate importance.

Why Short Term?

Immediate market reactions to earnings reports are often fleeting, reflecting short-term price stabilization.

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