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Axalta Coating price target raised to $50 from $44 at Seaport Research
The Fly

Axalta Coating price target raised to $50 from $44 at Seaport Research

Seaport Research raised the firm’s price target on Axalta Coating (AXTA) to $50 from $44 and keeps a Buy rating on the shares. The company posted a “much better quarter than anticipated,” the analyst tells investors. The firm believes share gains across all product lines should set the company up well if the macro environment improves.

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