Why did Citigroup lower Westlake Chemical's price target, and what rating did they maintain?

Citigroup analyst Patrick Cunningham maintained a Neutral rating on Westlake Chemical (WLK) but lowered the price target from $95.00 to $85.00, reflecting a cautious outlook due to changing market conditions.

What does GuruFocus indicate about Westlake Chemical's current valuation and insider activity?

According to GuruFocus's GF Value, Westlake Chemical's stock is currently undervalued by 28.3%, yet insider activity shows significant sell-offs, raising concerns despite the company's solid profitability and valuation scores.

Citigroup Maintains Neutral Rating on Westlake Chemical, Lowers Price Target to $85.00

Jun 24, 2026

Citigroup maintains a Neutral rating on Westlake Chemical while lowering its price target to $85.00 amid cautious market outlooks. Significant insider sell-offs and mixed financial scores raise investor concerns despite the company's solid profitability.

GuruFocus

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Citigroup Maintains Neutral Rating on Westlake Chemical, Lowers Price Target to $85.00