Deutsche Bank Maintains Hold on Westlake, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst David Begleiter has maintained a 'Hold' rating on Westlake (NYSE:WLK) and raised the price target from $130 to $140.
August 07, 2023 | 4:20 pm
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Deutsche Bank has maintained a 'Hold' rating on Westlake and raised the price target from $130 to $140.
The news is directly related to Westlake (WLK). Deutsche Bank's decision to maintain a 'Hold' rating indicates a neutral stance, suggesting that the stock is fairly valued at current levels. However, the increase in price target from $130 to $140 could imply an expected upside, potentially leading to a positive sentiment among investors. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100