Piper Sandler has decided to maintain its Neutral rating of Westlake WLK and lower its price target from $115.00 to $110.00.
Shares of Westlake are trading up 0.7% over the last 24 hours, at $89.47 per share.
A move to $110.00 would account for a 22.95% increase from the current share price.
Westlake Corp is a manufacturer and global supplier of chemicals, polymers and building products. Its Performance & Essential Materials segment offers a wide range of essential building blocks for making products utilized in everyday living, including olefins, vinyl chemicals, polyethylene, and epoxies. Its Housing & Infrastructure Products segment produces key finished goods for building products, pipe & fittings, and global compounds businesses.
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