Westlake Corporation (WLK) Gets a Buy from RBC Capital
In a report released on May 8, Arun Viswanathan from RBC Capital maintained a Buy rating on Westlake Corporation, with a price target of $130.00. The company’s shares closed last Friday at $93.85.
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Viswanathan covers the Basic Materials sector, focusing on stocks such as PPG Industries, Albemarle, and DuPont de Nemours. According to TipRanks, Viswanathan has an average return of 3.4% and a 53.31% success rate on recommended stocks.
In addition to RBC Capital, Westlake Corporation also received a Buy from Citi’s Patrick Cunningham in a report issued on May 7. However, on the same day, Deutsche Bank maintained a Hold rating on Westlake Corporation (NYSE: WLK).
Based on Westlake Corporation’s latest earnings release for the quarter ending April 2, the company reported a quarterly revenue of $2.65 billion and a GAAP net loss of $169 million. In comparison, last year the company earned a revenue of $2.85 billion and had a GAAP net loss of $40 million
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WLK in relation to earlier this year. Most recently, in March 2026, Mark Steven Bender, the EVP & CFO of WLK sold 16,413.00 shares for a total of $1,846,954.89.
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