Citi raised the firm’s price target on Westlake (WLK) to $85 from $75 and keeps a Buy rating on the shares. The firm updated estimates and targets in the chemicals group as part of its 2026 outlook. Citi is more negative on polyethylene producers and more positive on lithium fundamentals heading into next year.
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Read More on WLK:
- Westlake price target lowered to $83 from $84 at BofA
- Westlake Corporation’s Strategic Restructuring and Cost-Saving Measures Justify Buy Rating Amid Short-Term Challenges
- Westlake price target lowered to $80 from $90 at Morgan Stanley
- Westlake Corporation Announces Major Facility Closures
- Westlake to cut 295 employees, cease certain NA chlorovinyl production plants