Deutsche Bank Maintains Buy on Westlake Chemical, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst David Begleiter maintains a Buy rating on Westlake Chemical (NYSE:WLKP) but lowers the price target from $28 to $27.
May 22, 2023 | 1:58 pm
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Deutsche Bank maintains a Buy rating on Westlake Chemical (WLKP) but lowers the price target from $28 to $27.
The news of Deutsche Bank maintaining a Buy rating on Westlake Chemical (WLKP) is positive for the stock. However, the lowering of the price target from $28 to $27 may create some uncertainty among investors. The overall impact on the stock price in the short term is expected to be neutral as the positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100