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Westlake price target raised to $86 from $84 at BofA

BofA raised the firm’s price target on Westlake (WLK) to $86 from $84 and keeps a Buy rating on the shares after the company reported Q2 results. Cost cuts and asset closures should help drive earnings higher, says the analyst, who suspects Westlake “can remain a relative winner over the near term.”

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