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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100