KeyBanc raised the firm’s price target on Axalta Coating to $40 from $38 and keeps an Overweight rating on the shares. The firm walks away impressed with the execution in Q1 and believes management is beginning to demonstrate the benefits of its margin-focused strategy.
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Read More on AXTA:
- Axalta Coating raises FY24 adjusted EPS view to $1.90-$2.00 from $1.80-$1.95
- Axalta Coating sees Q2 adjusted EPS 50c, consensus 47c
- Axalta Coating reports Q1 adjusted EPS 48c, consensus 40c
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