Oppenheimer lowered the firm’s price target on Avient (AVNT) to $54 from $56 and keeps an Outperform rating on the shares. The firm notes the company delivered solid results as recovering end-markets and share gains helped to fuel an in-line Q4 print. Headline FY25 guidance came in a shade below the Street, driven by 12c F/X headwinds, Q1 guide in line and implies 6% year-over-year organic EPS growth.
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Read More on AVNT:
- Avient price target lowered to $55 from $59 at Wells Fargo
- Avient’s Strategic Growth and Financial Stability Justify Buy Rating
- Avient price target raised to $50 from $45 at Deutsche Bank
- Avient Corporation Reports Strong 2024 Financial Results
- Avient Corporation’s Earnings Call Highlights Growth and Challenges
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