Dow, LyondellBasell upgraded at Citi as energy shock reshapes chemicals outlook (NYSE:DOW)

Citi analyst Patrick Cunningham on March 12 upgraded several major U.S. commodity chemical producers, citing rising Middle East geopolitical tensions and disruptions to global energy flows that improve the sector outlook. The move is sector-positive and could lift individual names by low-single-digit percentages as tighter energy and feedstock markets support margins and pricing.

Analysis

Citi analyst Patrick Cunningham on March 12 upgraded several major U.S. commodity chemical producers, citing rising Middle East geopolitical tensions and disruptions to global energy flows that improve the sector outlook. The move is sector-positive and could lift individual names by low-single-digit percentages as tighter energy and feedstock markets support margins and pricing.