LyondellBasell hits sustainability milestones and gains analyst upgrade with $100 price target.

LyondellBasell reported significant sustainability achievements, including its lowest-ever incident rate and a 3.2 million metric ton reduction in greenhouse gas emissions. The company is advancing its circular economy efforts by producing 206,000 metric tons of recycled polymers and progressing on its MoReTec-1 recycling facility, expected to open in 2027. Following these developments, Alembic Global upgraded LyondellBasell to Overweight with a $100 price target, indicating strong confidence in the stock's future performance and a potential 38% upside from current levels.