BMO Capital Lifts LyondellBasell (LYB) Target to $38, Says Dividend Cut May Not Be Enough

LyondellBasell Industries N.V. (NYSE:LYB) is included among the 14 Best Affordable Dividend Stocks to Buy According to Analysts. BMO Capital Lifts LyondellBasell (LYB) Target to $38, Says Dividend Cut May Not Be Enough On February 23, BMO Capital raised its price recommendation on LyondellBasell Industries N.V. (NYSE:LYB) to $38 from $36. It reiterated an Underperform rating on the stock. The analyst said management went ahead with the long-expected dividend cut to help steady the balance sheet. Even aft ...