UBS Maintains Buy on Westlake, Lowers Price Target to $86
UBS analyst Joshua Spector maintains Westlake (NYSE:WLK) with a Buy and lowers the price target from $98 to $86.
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Westlake To Close Its PVC Plant In Cologne, Germany, To Improve Profitability; Expects Sequentially Lower Financial Performance In Q3
Chemical production in Europe continues to face difficult conditions, including weak demand, elevated energy costs and increased import pressure from Asia. Due to its smaller scale and higher logistical burden, the
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Westlake Royal Building Products™ Enters Standing-Seam Roofing Market Through Purchase of Roofing Assets
Westlake Royal Building Products, a subsidiary of Westlake Corporation, has completed the acquisition of metal roofing assets from Metal Center, Inc., including three facilities in New Mexico and Texas. The acquisition marks Westlake Royal's entry into the rolled steel roof panel and standing-seam roofing business, expanding its roofing portfolio under the Unified Steel™ brand alongside existing US Tile® and DaVinci® Roofscapes offerings.
Truist Securities Maintains Buy on Westlake, Lowers Price Target to $90
Wells Fargo Maintains Equal-Weight on Westlake, Lowers Price Target to $68