JP Morgan cut to neutral and 71 target, joining the parade. That will continue the reduced price for mwe unit sales and opportunities for investor purchases. Unfortunately, I have a pretty full complement, but they keep tempting me. I can accept a slower cagr for a while despite being an older guy, but I don't want too many eggs in one basket. I did buy some LYB a while back, but that isn't really diversification.
These late to the party downgrades are useless. If they were going to downgrade, they should have done so when the quarter was reported and guidance given. It appears to me that the downgrades Monday put a bottom in the stock. It opened down hard and finished up on the day, we may see the same thing today.