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Citigroup Forecasts Strong Price Appreciation for Westlake (NYSE:WLK) Stock
Citigroup has raised its price target for Westlake (NYSE:WLK) to $130, maintaining a “buy” rating and projecting a 14.6% upside. Despite this optimistic outlook, overall analyst sentiment for Westlake is mixed, with a consensus “Hold” rating and an average target price of $98.13. The company recently reported an EPS beat but a revenue decline year-over-year, alongside negative net margins, negative P/E, and recent insider share sales by its chairman and CFO.