Axalta Coating price target raised to $31 from $30 at Mizuho

Mizuho analyst Christopher Parkinson raised the firm’s price target on Axalta Coating to $31 from $30 and keeps a Buy rating on the shares. While the company’s Q4 results were solid, the macro environment is rendering the firm less eager to reside at the top end of the guidance range, the analyst tells investors in a research note.