BofA changes price targets on chemicals companies
21/04/2026 13:46
** Bank of America Securities changes price targets on chemicals companies, says Iran conflict-driven inflation should be temporary as de-escalation pushes commodity markets back into oversupply ** "We continue to see structural oversupply across many raw material chains, and while inflation is sharp, prices should normalize in a post-conflict world" - BofA ** Brokerage changes price targets of the following companies:
| COMPANY | OLD PT | NEW PT | UPSIDE/DOWNSIDE TO STOCK'S LAST CLOSE |
| Air Products APD.N | $280 | $303 | 2.3% |
| DuPont DD.N | $50 | $47 | 0 |
| Ecolab ECL.N | $337 | $345 | 25.1% |
| Sherwin-Williams SHW.N | $370 | $365 | 9.5% |
| Celanese CE.N | $70 | $75 | ~18% |
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