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Why Westlake Chemical's Stock Is Trading Higher Today


Westlake Chemical (NYSE: WLK) shares are trading higher on Thursday after CFRA upgraded the stock from Sell to Hold and raised the price target on the stock from $37 to $56 per share.

Westlake Chemical manufacturers and markets basic chemicals, vinyls, polymers and building products. Its products are used for flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, residential and commercial construction and others.

Westlake Chemical shares are trading up 4.86% at $55.05 on Thursday. The stock has a 52-week high of $75.65 and a 52-week low of $28.99 per share.

Related Link:

Westlake Chemical Adjusts 2019 Guidance

Latest Ratings for WLK

Apr 2021Morgan StanleyMaintainsEqual-Weight
Apr 2021Wells FargoMaintainsOverweight
Mar 2021Deutsche BankDowngradesBuyHold

View More Analyst Ratings for WLK
View the Latest Analyst Ratings


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Posted-In: why it's movingUpgrades Price Target Analyst Ratings

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GDWolfe ResearchDowngrades
QRTEAB of A SecuritiesInitiates Coverage On
ABB of A SecuritiesDowngrades42.0
VCTRB of A SecuritiesUpgrades32.0
BSIGB of A SecuritiesUpgrades27.0
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