Westlake Chemical Co.

Mizuho lowered the firm's price target on Westlake to $107 from $132 and keeps an Outperform rating on the shares. The firm updated price targets in the chemicals, agriculture, and packaging sector to reflect the recent market multiple reductions, and only modestly reduce forward year estimates as Mizuho does not have a recession forecast. However, lower oil prices will reduce the gas-linked cost advantage for many of the basic chemical stocks, the analyst tells investors in a research note. The firm believes March quarter pre-buying for autos and electronics creates "risk for give-back near-term." 08 May» Mehr auf thefly.com

HOUSTON--(BUSINESS WIRE)--Westlake Corporation (NYSE: WLK) announced today that it has been named on the Forbes list of “America's Best Employers 2025.” Forbes selected the “America's Best Employers 2025” through an independent survey of over 217,000 U.S. employees working for companies employing at least 1,000 people within the United States. "We are honored to receive this recognition and are deeply proud of the incredible team we have built at Westlake," said Jean-Marc Gilson, president and.» Mehr auf businesswire.com

Piper Sandler analyst Charles Neivert lowered the firm's price target on Westlake to $105 from $120 and keeps a Neutral rating on the shares. The tariffs instituted by the U.S. and the likely retaliation and peripheral economic fallout from those tariffs have the potential to create long-lasting complications for the U.S. chemical industry, which is built on the significant advantage of ethane-based chemical production and exports as a means of growing volume and revenues in an otherwise low-growth U.S. market. Piper cautions that retaliation will likely ultimately not be helpful for foreign producers either. 08 May» Mehr auf thefly.com