UPDATE: J.P. Morgan Downgrades Westlake Chemical on Mixed Factors
September 11, 2013 at 10:58 AM EDT
In a report published Wednesday, J.P. Morgan analyst Jeffrey J. Zekauskas downgraded the rating on Westlake Chemical Corporation (NYSE: WLK ) from Overweight to Neutral, but reiterated the $114.00 price target. In the report, J.P. Morgan noted, “Westlake at the current price of $106.82 is approaching our December 2014 price
