Truist raised the firm’s price target on Westlake (WLK) to $117 from $99 and keeps a Buy rating on the shares after its Q4 results. As with industry peers, near-term macro improvement is not anticipated, but Westlake continues to expect that it will deliver significant earnings growth in FY26 from self- help, with additional contributions from recent bolt-on M&A and what appear to be signs of favorable commodity pricing dynamics ahead, the analyst tells investors in a research note.
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Read More on WLK:
- Westlake price target raised to $115 from $82 at Deutsche Bank
- Balanced Risk-Reward Keeps Westlake on Hold Despite Strong Q4 and Cost-Saving Upside
- Westlake price target raised to $129 from $92 at UBS
- Westlake price target raised to $90 from $78 at JPMorgan
- Westlake price target raised to $97 from $88 at Mizuho
