Piper Sandler Maintains Overweight on Westlake, Lowers Price Target to $144
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert has maintained an Overweight rating on Westlake (NYSE:WLK) but lowered the price target from $150 to $144.
October 11, 2023 | 4:06 pm
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Westlake's price target has been lowered from $150 to $144 by Piper Sandler, though the Overweight rating is maintained.
The news directly pertains to Westlake (WLK) as Piper Sandler has lowered its price target for the company. However, the Overweight rating is maintained, indicating that the analyst still expects the stock to outperform. This could have a neutral impact on the stock's price in the short term as the lowered price target might be offset by the maintained positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100