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Westlake price target lowered to $95 from $110 at Wells Fargo

Wells Fargo lowered the firm’s price target on Westlake (WLK) to $95 from $110 and keeps an Overweight rating on the shares. The firm is lowering its estimates for Westlake but remains bullish given its ability to generate nearly MSD quarter-over-quarter volume growth in HIP despite an unfavorable macro backdrop, and on potential near-term pricing tailwinds within PEM.

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