Westlake Chemical (WLK) Tops Q3 EPS by 26c, Revenues Beat

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Go back to Westlake Chemical (WLK) Tops Q3 EPS by 26c, Revenues Beat

Westlake Chemical (WLK) PT Raised to $93 at Nomura/Instinet

November 7, 2018 7:45 AM EST

Nomura/Instinet analyst Aleksey Yefremov raised the price target on Westlake Chemical (NYSE: WLK) to $93.00 (from $92.00) while maintaining a Neutral rating following the company's 3Q earnings report. WLK delivered 3Q adjusted EBITDA of $571mn, 4% above consensus estimate. Results included $48mn FIFO benefit and a... More