Wells Fargo Maintains Overweight on Avient, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Overweight rating on Avient (NYSE:AVNT) and increased the price target from $52 to $55.
October 15, 2024 | 1:56 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on Avient and increased the price target to $55, indicating confidence in the company's future performance.
The increase in price target from $52 to $55 by Wells Fargo suggests a positive outlook on Avient's future performance. The Overweight rating indicates that the analyst expects Avient to outperform its peers, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100