Wells Fargo lowered the firm’s price target on Axalta Coating (AXTA) to $37 from $42 and keeps an Overweight rating on the shares. Given increased risks in a post tariff world, the firm recommends a more defensive position within the chemicals sector into Q1 2025 results as Wells expects cautious outlook commentary.
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Read More on AXTA:
- Axalta Coating price target lowered to $32 from $42 at Citi
- Axalta Coating Systems: Undervalued with Growth Potential and Resilience in Automotive and Industrial Segments
- Axalta Coating upgraded to Buy from Neutral at UBS
- Cautious Hold Rating for Axalta Coating Systems Amid Mixed Economic Indicators
- Axalta Coating price target lowered to $47 from $50 at Seaport Research