Goldman Sachs Upgrades Westlake Chemical (WLK) to Buy On Lower Ethane Prices

Goldman Sachs upgraded Westlake Chemical (NYSE: WLK) from Neutral to Buy with a price target of $67 based on higher 2013 EBITDA and EPS estimates from lower ethane prices.

For an analyst ratings summary and ratings history on Westlake Chemical click here. For more ratings news on Westlake Chemical click here.

Shares of Westlake Chemical closed at $53.87 yesterday, with a 52 week range of $31.26-$67.51.

---

Discover Wall Street's best ratings calls with the pros - Upgrade to Ratings Insider Elite. Free Trial!

You May Also Be Interested In

• UPDATE: UBS Upgrades Westlake Chemical (WLK) to Neutral; Fairly Valued Now
• UPDATE: Williams Financial Group Upgrades Semtech Corp. (SMTC) to Buy; Check Again...Quarter Was Fairly Strong
• Barclays on U.S. REITs: Best Ideas List: Adding HPP; Removing ARE

Create E-mail Alert Related Categories

Upgrades

Related Entities

Goldman Sachs

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?

Follow StreetInsider.com On Twitter