Westlake Corporation’s Strategic Restructuring and Cost-Saving Measures Justify Buy Rating Amid Short-Term Challenges
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Westlake Corporation received a Buy rating from Bank of America Securities' analyst Matthew DeYoe, with a price target of $83.00. The rating is based on the company's strategic restructuring and cost-saving measures, including the closure of several production facilities in North America. Despite short-term challenges, these initiatives are expected to improve EBITDA and free cash flow by 2026, positioning Westlake favorably compared to its peers.
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