Westlake price target lowered to $100 from $135 at Barclays

Barclays analyst Michael Leithead lowered the firm’s price target on Westlake (WLK) to $100 from $135 and keeps an Overweight rating on the shares post the Q1 report. The firm says that while cyclical pressures weigh further on the company’s 2025 earnings expectations, its sustainable cash flow is at a trough and it has “ample balance sheet dry powder.”