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Axalta Coating price target raised to $37 from $36 at BofA

BofA analyst Steve Byrne raised the firm’s price target on Axalta Coating (AXTA) to $37 from $36 and keeps a Buy rating on the shares. The firm has raised its estimates for its coatings stock coverage, along with Ecolab (ECL), driven primarily by more deflation in 2023 and 2024.

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