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Fly News Breaks for January 8, 2019
WLK
Jan 8, 2019 | 08:43 EDT
As previously reported, BofA/Merrill upgraded Westlake Chemical two notches to Buy from Underperform and maintained an $85 price target. Analyst Steve Byrne said caustic soda prices are stabilizing and expects industry de-stocking to slow. Additionally, Byrne expects India to return to the market and a potential Alunorte restart to drive prices higher.
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