TPH Energy Research Upgrades Westlake to Hold
Portfolio Pulse from Benzinga Newsdesk
TPH Energy Research analyst Matthew Blair has upgraded Westlake (NYSE:WLK) from Sell to Hold, indicating a change in the firm's outlook on the company's stock.
January 02, 2024 | 2:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Westlake has been upgraded by TPH Energy Research from Sell to Hold, which may lead to increased investor confidence and potentially stabilize the stock price.
An upgrade from Sell to Hold suggests that TPH Energy Research sees less downside risk to Westlake's stock, which could lead to a more neutral or positive sentiment among investors in the short term. This change in rating may result in a stabilization or modest increase in the stock price as the market digests the news.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100