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.
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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
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