Key Points Q1'26 EPS and EBITDA miss on PEM segment weakness Management's near-term commentary positive We rate WLK shares Overweight with a 12-month target price of USD120 Summary Westlake Corporation announced Q1’26 earnings this morning:...
Key Points We are raising our forecast for WWD post 2QFY26 earnings last week and we’re reiterating our Overweight rating on the shares. Our target price rises USD10 to USD448 (25x terminal...
Key Points Q1'26 EBITDA and EPS beat Near-term outlook commentary positive We rate LYB shares Overweight with a 12-month target price of USD100 per share Summary LyondellBasell announced Q1’26 results this morning: Recurring EBITDA of...
Key Points We are raising our forecast for GD post the firm’s 1Q26 earnings report earlier this week, and we're also raising our target price, though we’re maintaining our Neutral rating...
Key Points Q1’26 EBITDA beat but EPS in-line. Q2’26 guidance above consensus EBITDA contraction observed in two of three segments (y-o-y). Management commentary positive We rate HUN shares Overweight with a 12-month target...
Key Points Q2’26 EPS beat on strong Asia business performance Q3’26 guidance mid-point slightly below consensus but FY2026 guidance mid-point in-line with consensus We rate Air Products shares Overweight, with a 12-month target...
Key Points Q1 EBITDA beat but slight EPS miss; outlook commentary positive Higher-than-forecasted volumes in Chile, Egypt, Geismar, New Zealand, and Trinidad We rate Methanex shares Overweight, with a USD80 per share target...
Key Points Consensus appears to discount a full rollback of recent PE price hikes despite a steeper global cost curve and ongoing Middle East-driven supply disruption Dow’s USD2bn+ self-help program and advantaged...