Lanxess Soars as JPMorgan’s Double Upgrade Provides Rare Boost
Lanxess AG shares soared after JPMorgan Chase & Co. double upgraded the German specialty chemical company, saying it should get an earnings boost as the war in Iran eases competitive...
By Isolde MacDonogh · Bloomberg Markets
Lanxess AG shares soared after JPMorgan Chase & Co. double upgraded the German specialty chemical company, saying it should get an earnings boost as the war in Iran eases competitive pressures and increases pricing power.