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

January 17, 2012 7:37 AM EST
Get Alerts WLK Hot Sheet
Price: $79.20 +0.44%

Rating Summary:
    8 Buy, 16 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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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.


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