Wells Fargo analyst Michael Sison has reiterated their bullish stance on AVNT stock, giving a Buy rating yesterday.
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Michael Sison has given his Buy rating due to a combination of factors including Avient’s expected margin improvements and strong cash flow generation, despite facing a challenging macroeconomic environment. The company has shown resilience with increased earnings estimates for 2025, driven by productivity measures that are expected to yield significant benefits in the latter half of the year.
Furthermore, Avient is experiencing growth in healthcare and defense sectors, which helps to offset weaknesses in consumer markets. The company’s strategic initiatives in sourcing, plant operations, and cost control are projected to deliver substantial productivity gains, enhancing their EBITDA margins. Sison maintains a price target of $42, reflecting a favorable risk/reward profile based on Avient’s valuation metrics and adjusted EBITDA outlook.
In another report released yesterday, TR | OpenAI – 4o also upgraded the stock to a Buy with a $37.00 price target.