KeyBanc last night initiated coverage of Avient (AVNT) with an Overweight rating and $48 price target The company, under new CEO Ashish Khandpur, is focusing more on high-growth select platforms and markets, the analyst tells investors in a research note. The firm believes achieving 4%-5% organic growth could position the shares for a re-rating. About half of Avient’s end markets are at cyclical lows, with optionality for improvement in consumer durables, construction and auto demand, contends KeyBanc.
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 AVNT:
- Avient initiated with an Overweight at KeyBanc
- Ex-Dividend Date Nearing for These 10 Stocks – Week of September 8, 2025
- Avient price target lowered to $37 from $43 at Baird
- Cautious Outlook for Avient: Hold Rating Amid Mixed Financial Performance and Limited Upside Potential
- Avient’s Resilience and Strategic Initiatives Drive Buy Rating Amid Challenging Macroeconomic Environment