Citigroup Maintains Buy on Axalta Coating Sys, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst PJ Juvekar has maintained a 'Buy' rating on Axalta Coating Systems (AXTA) but lowered the price target from $35 to $33.
October 04, 2023 | 3:56 pm
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NEUTRAL IMPACT
Axalta Coating Systems' price target has been lowered by Citigroup from $35 to $33, though the 'Buy' rating is maintained.
The news is directly about Axalta Coating Systems (AXTA). While the lowering of the price target might be seen as a negative, the maintenance of the 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100