JP Morgan Maintains Overweight on Axalta Coating Sys, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekauskas maintains an Overweight rating on Axalta Coating Systems (AXTA) and raises the price target from $38 to $40.
May 02, 2024 | 3:30 pm
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JP Morgan analyst Jeffrey Zekauskas reaffirmed an Overweight rating on Axalta Coating Systems and increased the price target to $40.
The upgrade in the price target by a reputable analyst like Jeffrey Zekauskas signals a positive outlook on Axalta Coating Systems, suggesting a strong belief in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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