RBC Capital Maintains Outperform on Axalta Coating Sys, Lowers Price Target to $34
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Axalta Coating Sys (NYSE:AXTA) but lowers the price target from $36 to $34.
August 04, 2023 | 3:38 pm
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Axalta Coating Sys's price target has been lowered from $36 to $34 by RBC Capital, though the Outperform rating is maintained.
The news is directly about Axalta Coating Sys (AXTA). RBC Capital has lowered the price target for AXTA from $36 to $34, which could potentially impact investor sentiment and the stock's price. However, the Outperform rating has been maintained, indicating that the analyst still expects the stock to do better than the market average. This could balance out any negative impact from the lowered price target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100