Barclays analyst Michael Leithead lowered the firm’s price target on Axalta Coating (AXTA) to $42 from $45 and keeps an Overweight rating on the shares following the Q1 report. The firm says “robust execution” and share gains should support Axalta’s multiple, as well as position the company well for an eventual recovery.
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 AXTA:
- Axalta Coating price target lowered to $36 from $40 at Morgan Stanley
- Axalta Coating Systems: Hold Rating Maintained Amid Price Target Adjustment and Mixed Segment Performance
- Axalta Coating downgraded to Neutral from Overweight at JPMorgan
- Hold Rating for Axalta Coating Systems Amidst Volume Growth Concerns and Market Risks
- Axalta Coating Systems Reports Strong Q1 2025 Results