Seaport Research raised the firm’s price target on Axalta Coating (AXTA) to $50 from $44 and keeps a Buy rating on the shares. The company posted a “much better quarter than anticipated,” the analyst tells investors. The firm believes share gains across all product lines should set the company up well if the macro environment improves.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AXTA:
- Axalta Coating price target raised to $46 from $44 at RBC Capital
- Axalta Coating price target raised to $44 from $42 at Barclays
- Axalta Coating price target raised to $43 from $42 at Mizuho
- Axalta Coating price target raised to $45 from $44 at KeyBanc
- Axalta Coating Systems Reports Record Q3 2024 Results