Barclays Upgrades Westlake to Overweight, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has upgraded Westlake (NYSE:WLK) from Equal-Weight to Overweight and increased the price target from $162 to $180.
September 30, 2024 | 1:32 pm
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POSITIVE IMPACT
Barclays has upgraded Westlake from Equal-Weight to Overweight, raising the price target to $180, indicating a positive outlook on the stock.
The upgrade from Equal-Weight to Overweight by Barclays suggests increased confidence in Westlake's performance. The raised price target to $180 indicates potential upside, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100