Truist Financial Maintains a Buy on Westlake Corporation (WLK)

Group 1: Company Overview - Westlake Corporation (NYSE:WLK) is recognized as one of the Best 52-Week Low Mid Cap Stocks to Buy Now [1] - The company is an international producer of materials used in construction, packaging, healthcare, automotive, and consumer products [3] Group 2: Analyst Ratings and Price Targets - On October 20, Truist Financial maintained a Buy rating on Westlake Corporation with a price target of $90 [1] - Earlier, on October 14, RBC Capital reduced the price target from $92 to $87 while maintaining an Overweight rating, reflecting a preview of Q3 earnings in the chemicals sector [2] Group 3: Market Conditions and Demand - Demand in the chemicals sector remained tepid throughout Q3, as indicated by discussions with investor relations teams [2] - Building and construction activity has also been muted, with a weaker job market posing a headwind for the industry [3] - The demand for consumer durables has yet to see substantial recovery [3]