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Citi downgrades Dow and LyondellBasell as polyethylene upside fades

Verifying
  • Citi downgraded Dow and LyondellBasell to Neutral from Buy.
  • Citi cut Dow’s target to $30 and LyondellBasell’s to $63.
  • Westlake faced a projected sequential EBITDA decline of roughly $250 million.
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Citi downgrades Dow and LyondellBasell as polyethylene upside fades - CoinPost Terminal