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Nomura Securities reiterated a Neutral rating on Westlake Chemical (NYSE: WLK), and raised the price target to $53.00 (from $50.00), following the company's announced agreement to acquire chlor-alkali/PVC producer Axiall.
Analyst Aleksey Yefremov commented, "Following Westlakes definitive agreement to acquire chlor-alkali/PVC producer... More
Westlake Chemical Partners LP (NYSE: WLKP) reported Q2 EPS of $0.34, $0.08 better than the analyst estimate of $0.26. Revenue for the quarter came in at $210.8 million versus the consensus estimate of $177.91 million.
For earnings history and earnings-related data on Westlake Chemical Partners LP (WLKP) click here.
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