Truist analyst Peter Osterland lowered the firm’s price target on Westlake (WLK) to $132 from $155 and keeps a Buy rating on the shares as part of a broader research note on Chemicals. Given the unfolding “tariff saga”, the firm has updated its models, and while the new estimates do not assume a significant recession, they do incorporate more limited expectations for underlying demand growth in 2025-2026, the analyst tells investors in a research note.
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