From Yahoo Finance: 2025-05-28 14:17:00

UBS lowered the price target on Westlake Corporation (WLK) from $118 to $101 due to challenges in the Performance and Essential Materials (PEM) Segment.

Westlake reported lower net sales of $2.85 billion in Q1 2025 compared to $2.98 billion the previous year. PEM segment faced headwinds from increased feedstock and energy prices.

Despite favorable pricing, UBS foresees challenges for Westlake in the near term, leading to a reduced price target.

Westlake Corporation (WLK) is an international manufacturer providing materials for industries like housing, construction, packaging, healthcare, automotive, and consumer goods.

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Read more: UBS Lowers Price Target on Westlake (WLK), Keeps Buy Rating