Citi analyst Patrick Cunningham lowered the firm’s price target on Axalta Coating (AXTA) to $34 from $35 and keeps a Neutral rating on the shares. The firm says fiscal 2025 is shaping up to be another challenging year for the coatings companies “with plenty of uncertainty from tariffs.” The firm recommended buying RPM (RPM) and PPG (PPG) “with better visibility into share gains and pockets.”
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- Axalta Coating Systems Holds Annual General Meeting
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